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Jan, 23 2016

Kwality Ltd, financial results report for the quarter

Company reported net sales of Rs 1441.22 crores up by 12.06 per cent for Q3FY16 as against Rs 1286.11 crores in the corresponding quarter of last year.

RI Bureau

Kwality Limited, India's premier dairy foods company reported net sales of Rs 1441.22 crores up by 12.06 per cent for Q3FY16 as against Rs 1286.11 crores in the corresponding quarter of last year; net profit before tax during the same period stood at Rs 52.92 crores up by 19.70 per cent as against Rs 44.21 crores for the quarter ended 31st December 2014.  The EBIDTA at Rs 97.44 crore is up by 14.19 per cent as against Rs 85.33 crores in the corresponding quarter of last year.

Q3 FY16 Results (Comparisons with Q3 FY15)

• Net Sales at Rs 1441.22 crore vis-a-vis Rs 1286.11 crore

• PBT at Rs 52.92 crore vis-à-vis Rs 44.21 crore

•  EBIDTA at Rs 97.44 crore vis-a-vis Rs 85.33   crore

 

9M FY16 Results (Comparisons with 9M FY15)

• Net Sales at Rs 4285.09 crore vis-à-vis Rs 3909.21 crore

• PBT at Rs 151.22 crore vis-à-vis Rs 126.69 crore

• EBIDTA at Rs 284.94 crore vis-a-vis Rs 241.41  crore

 

For nine months ended December 31, 2015, the company reported Net Sales of Rs 4285.09 crores up by 9.62 per cent as against Rs 3909.21 crores in the corresponding nine months period of last year; net profit before tax during the same period stood at Rs 151.22 crores up by 19.36 per cent at as against Rs 126.69 crores for corresponding nine months period of last year. The EBIDTA at Rs 284.93 crore is up by 18.03 per cent as against Rs 241.41 crores in the corresponding period of last year.

Mr. Sanjay Dhingra, Managing Director, Kwality Ltd comments on the same, “We have recorded another quarter of good growth, which is in line with our expectations. We can attribute this growth to our focus towards strengthening the retail segment, which has helped us in registering these strong numbers. With the signing of Akshay Kumar as our brand ambassador and extension of our Palwal plant, we expect the momentum to continue and grow in the coming quarters.

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