Sugar firm Triveni Engineering and Industries Ltd today reported consolidated net profit of Rs 44.14 crore for the quarter ended March on higher sales and lower expenditure.
It had posted a net loss of Rs 85.60 crore in the year-ago period, the company said in a BSE filing.
Income from operations also increased to Rs 468.05 crore in the fourth quarter of last fiscal from Rs 447.65 crore in the corresponding quarter of the previous year.
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Total expenses fell to Rs 411.28 crore during January- March period from Rs 486.94 crore in the year-ago period.
During the 2015-16 fiscal, Triveni Engineering and Industries posted a net loss of Rs 9.80 crore against a loss of Rs 152.06 crore in the previous year.
Income from operations fell to Rs 1,915.02 crore during the last fiscal from Rs 2,060.83 crore in the 2014-15 fiscal.
