Agro Tech Foods Limited Announces Unaudited Standalone Earnings Results for the Quarter and Nine Months Ended December 31, 2017
January 16, 2018 at 07:48 am EST
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Agro Tech Foods Limited announced unaudited standalone earnings results for the quarter and nine months ended December 31, 2017. For the quarter, the company reported total income of INR 2,148.1 million compared to INR 2,083.9 million a year ago. Profit before exceptional items and tax was INR 137.0 million compared to INR 119.9 million a year ago. Profit before tax was INR 137.0 million compared to INR 119.9 million a year ago. Profit after tax was INR 90.3 million compared to INR 77.8 million a year ago. Earnings per basic and diluted share was INR 3.71 compared to INR 3.19 a year ago.
For the nine months, the company reported total income of INR 5,976.9 million compared to INR 6,020.4 million a year ago. Profit before exceptional items and tax was INR 371.5 million compared to INR 295.4 million a year ago. Profit before tax was INR 371.5 million compared to INR 337.5 million a year ago. Profit after tax was INR 241.3 million compared to INR 205.8 million a year ago. Earnings per basic and diluted share was INR 9.90 compared to INR 8.45 a year ago.
Agro Tech Foods Limited is an India-based company that is primarily engaged in the business of manufacturing and trading of edible oils and food products. The Company's product categories include ready to cook snacks, ready to eat snacks, spreads & dips, breakfast cereals and chocolate confectionery. Ready to cook snacks include instant popcorn, microwave popcorn, diet popcorn, sweet corn, and kits and sauces. Ready to eat snacks include popcorn, extruded snacks, nachoz, and peanuts and chana. Its spreads include peanut butter, peanut spreads, choco spreads and hummus. Its chocolate confectionery includes Duo Coconut, Duo Peanuts, and a Duo Gift Box. Its staples include edible oils, Sundrop heart plain oats, and Sundrop heart almonds. Its oils include Sundrop Heart, Sundrop Nutrifit, Sundrop Lite and Sundrop Nutrilite, among others. Its subsidiaries include Sundrop Foods India Private Limited, Agro Tech Foods (Bangladesh) Pvt. Ltd, Sundrop Foods Lanka (Private) Limited, and others.
AGRO TECH FOODS LIMITED 
