Kwality Q2 profit up 12% at Rs 42.07 cr

Dairy firm Kwality Ltd today reported a 12 per cent increase in its net profit at Rs 42.07 crore for the second quarter of this fiscal.

Its net profit stood at Rs 37.50 crore in the year-ago period, the company said in a regulatory filing.

Income from operations rose by 9 per cent to Rs 1,540.27 crore during July-September period of 2016-17 fiscal from Rs 1,416.03 crore in the corresponding period of the previous year.

Delhi-based Kwality Ltd has six milk processing units in Uttar Pradesh, Haryana and Rajasthan. The company sells dairy products such as milk (bulk, pouched and tetra-packs), ghee, curd and skimmed milk powder as well as value-added products such as flavoured milk among others.