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Agro Tech Foods reports 11% rise in Q1 net profit

Agro Tech Foods has reported results for first quarter ended June 30, 2017.

The company has reported a rise of 11.49% in its net profit at Rs 6.50 crore for the quarter under review as compared to Rs 5.83 crore for the same quarter in the previous year. However, total revenue of the company decreased by 2.90% at Rs 187.82 crore for Q1FY18 as compared to Rs 193.43 crore for the corresponding quarter previous year.

The company is engaged in the production of agricultural products. It operates in three segments: Sourcing and Institutional Business, Branded Foods and Others.

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