DFM Foods Q1FY18 net profit declines 40.23 per cent QoQ
Amir Shaikh / 09 Aug 2017
The company reported PAT of Rs 2.63 crore, which represents a sequential QoQ decline of 40.23 per cent and a YoY decline of 19.08 per cent.
DFM Foods reported its results for the quarter ended June 30, 2017 today.
The company's total sales for Q1FY18 came in at Rs 94.03 crore, which represents a 1.85 per cent sequential increase and 26.37 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 5.4 crore and its EBIT margin stood at 5.74 per cent.
The company reported PAT of Rs 2.63 crore, which represents a sequential QoQ decline of 40.23 per cent and a YoY decline of 19.08 per cent.
The company's stock opened at Rs 1552.15 on the BSE and recorded intra-day high and low of Rs 1610 and Rs 1552.15, respectively.
DFM Foods Limited manufactures, markets and sells packaged snack foods in India. The company’s products include corn rings, wheat puffs, bhujiyas, dals, mixtures, and nut-mixes. It markets corn rings under the Crax brand name and wheat puffs under the Natkhat brand name.
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