Rasoya Proteins reports consolidated net loss of Rs 38.90 crore in Q2FY15

15 Nov 2014 Evaluate

Rasoya Proteins has reported results for second quarter ended September 30, 2014.

The company has reported a net loss of Rs 39.89 crore for the quarter ended September 30, 2014 as compared to a net profit of Rs 3.54 crore for the same quarter in the previous year. Total income has decreased by 62.27% at Rs 75.71 crore for quarter under review as compared to Rs 200.65 crore for the quarter ended September 30, 2013.

On consolidated basis, the company has reported a net loss after taxes and minority interest of Rs 38.90 crore for the quarter under review as against net profit of Rs 6.84 crore in the September quarter of previous fiscal. The company’s total income has decreased by 58.40% at Rs 122.29 crore for the quarter from Rs 293.96 crore in the similar quarter of previous year.

Peers
Company Name CMP
Guj. Ambuja Exports 120.90
Shri Venkatesh Refin 163.10
Manorama Industries 1102.10
Mayank Cattle Food 193.95
Unique Organics 172.60
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