The Hindu Business Line : KS Oils nets Rs 20-cr profit

Madhya Pradesh-based mustard oil producer KS Oils has registered a net profit of Rs 20.21 crore, for the quarter ended December 31, 2006, a increase of 469 per cent, compared to Rs 3.55 crore in the corresponding quarter last year.

Net sales for the quarter were Rs 305.25 crore (Rs 123 crore), a increase of 148 per cent. The consolidated net profit for the nine-month period ended December 31, 2006 increased by 275 per cent to Rs 39.81 crore from Rs 10.61 crore during the corresponding period of the previous year.

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