LOGO
LOGO

Earnings News

Ruchi Soya Q4 Stand-Alone Profit Up By 42%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Ruchi Soya Industries Ltd. posted fourth-quarter stand-alone net profit of Rs.30.89 crore or Re.0.92 per share, higher by 42 percent than the Rs.21.77 crore or Re.0.65 per share for the quarter ended March 31, 2011.

Its quarterly net income from operations was Rs.6,955.76 crore, up by 45 percent from the Rs.4,811.55 crore in the year-ago quarter, while other operating income was negative at Rs.22.54 crore, compared with a positive income of Rs.2.93 crore in Q4FY11.

For the quarter, income from 'Oils' segment was Rs.3,286.17 crore, whereas 'Vanaspati' reported an income of Rs.187.68 crore. Income for the quarter from 'Seed Extraction' segment was Rs.3,282.35 crore and that from 'Food Products' totaled Rs.74.69 crore.

Income for the quarter from 'Wind Turbine Power Generation' segment was Rs.14.64 crore, while that from 'Others' stood at Rs.856.57 crore.

During the quarter, export of oil seed extractions increased by 21 percent to Rs.5,497.50 crore from the Rs.4,546.05 crore in Q4FY11, while branded sales registered a healthy 55 percent growth to Rs.1,505.87 crore from the Rs.969.93 crore in the year-ago quarter.

The capacity utilization for the quarter of the refining facilities has improved by 11 percent to 390,901 MT from 353,686 MT and crushing facilities by two percent to 576,888 MT from 566,349 MT a year-ago.

For the fiscal year, its stand-alone net profit was Rs.124.87 crore, compared with Rs.213.21 crore in 2011, reflecting a 41 percent decline. Tota income, including other operating income, totaled Rs.25,951.54 crore, up by 56 percent from the Rs.16,648.82 crore a year-ago.

During the year, export of oil seed extractions increased by 40 percent to Rs.2,764.87 crore from the Rs.1,979.40 crore in 2011, while branded sales registered a healthy 43 percent growth to Rs.5,543.83 crore from the Rs.3,890.55 crore a year-ago.

The capacity utilization for the year of the refining facilities has improved by 13 percent to 1,758,586 MT from 1,561,863 MT and crushing facilities by 15 percent to 2,124,527 MT from 1,839,684 MT.

Consolidated Results

On a consolidated basis, net profit for the fiscal year declined by 47 percent to Rs.119.43 crore, compared with Rs.225.17 crore in 2011. Total income from operations, including other operating income, totaled Rs.30,253.37 crore, up by 66 percent from Rs.18,213.87 crore in the year-ago quarter.

Commenting on the results, Managing Director Dinesh Shahra said, "Our margins would have been higher but for the impact of higher input cost of imported materials due to export duty regime changes by the Government of Indonesia relating to the plam segment. The industry is expecting that certain measures at macro level likely to be taken by the Government of India in the near term, will be conducive for the domestic industry.

At the BSE, Ruchi Soya Industries shares are currently trading at Rs.91.70, down 1.03 percent from the previous close.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19