Andhra Sugars has reported results for the quarter and the year ended March 31, 2011.The company’s net profit for the quarter ended March 31, 2011 has surged by 60.35% at Rs 20.22 crore as compared to Rs 12.61 crore for the quarter ended March 31, 2010. Its net sales / income from operations rose 12.68% at Rs 142.64 crore for the quarter under review from Rs 126.59 crore for the corresponding quarter of the previous year.
The company has registered a fall of 47% in its net profit for the year ended March 31, 2011 at Rs 35.38 crore as compared to Rs 66.76 crore for the year ended March 31, 2010. Its sales / income from operations has decreased by 14.79% at Rs 470.03 crore for the year from Rs 551.59 crore in year ago.
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