February 1, 2011

Venky's India reports 15% rise in Q3 net profit

Venky's India Ltd, an Indian poultry firm, reported a net profit of INR15.18 crore (US$3.31 million) for the quarter ended on December 31, 2010, a 15% growth over the same period a year ago.

The Pune head-quartered company had reported a net profit of INR13.20 crore (US$2.88 million) for the quarter ended on December 31, 2009, Venky's India said.

During the quarter (October-December period) under consideration, the company's total income rose by 19.8% to INR210.13 crore (US$4.58 billion) as against INR175.31 crore (US$3.82 billion) in the corresponding period a year ago.