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Business News/ Companies / Vadilal Industries’ Q1 net profit jumps 59% to Rs21.36 crore
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Vadilal Industries’ Q1 net profit jumps 59% to Rs21.36 crore

Net sales were higher by 8.82%, at Rs182.40 crore, compared with Rs167.61 crore a year ago

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Ahmedabad: Ice-cream maker Vadilal Industries Ltd posted a 58.74% jump in net profit, at 21.36 crore, in the quarter ended 30 June, as against 13.45 crore in the year-ago period.

Net sales were higher by 8.82%, at 182.40 crore, compared with 167.61 crore a year ago.

“We have worked on installing the best technologies and machinery in the past couple of years," chairman and managing director Rajesh Gandhi said. “Our investments are not only paying off, they are also assisting us in further innovation in product lines.

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Published: 14 Aug 2015, 07:13 PM IST
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