Anil Ltd net sales up 22% to Rs. 165 crore in Q1 of FY13

by Adfactors PR

Financial Highlights (Rs Crore):

Particulars Q1 FY13 Q1 FY12 Growth
Net Sales 164.68 135.11 21.89
Net Profit 11.86 11.44 3.69
EPS 12.15 11.72 3.69

August 9, 2012: Agro and food processing major, Anil Limited, reported net sales of Rs. 164.68 crore for the first quarter ended June 30, 2012 which represents a jump of 21.89% over
Rs. 135.11 crore turnover posted in the first quarter of previous financial year. Net profit in current Q1 stood at Rs. 11.86 crore, up by 3.69 % over previous fiscal’s Q1 net profit.

Sharing his views on the financial performance of the company, Mr. Amol S. Sheth, Chairman and Managing Director of Anil Limited, said, “Sales growth in the current first quarter has been on the back of growth in export markets. We are continuing with our endeavour to introduce innovative and value-added starch-based products in the domestic and global markets.”

The earnings per share (EPS) in the current first quarter were Rs. 12.15 as against Rs. 11.72 in the previous year’s Q1.

Shortfall in rains due to delayed monsoon is likely to make the existing and coming quarters more challenging. Yet, the company with its continued endeavour on value added products, application development and the growth in export markets, is confident to maintain its focus.

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