THE ANDHRA SUGARS – GP UP 240% and PAT UP 3262% FOR Q3

The Andhra Sugars Ltd., has achieved improved working results for the third quarter and nine months ended 31St Dec., 2009. For the quarter, the Turnover has decreased by 5% whereas the Gross Profit has increased by 240% and the Net Profit has spurted by 3262%. For the nine months ended 31st Dec.2009, the Turnover has decreased by 3% whereas the Gross Profit has increased by 36% and the Net Profit by 50%. The Return on Networth is high at 8% for the quarter and 17% for the nine months.Technically, the scrip has rallied from Rs.1121- in Oct. to Rs.127/- with a P/E ratio of 5 and Book Value of Rs.1211-.

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Tagged as: THE ANDHRA SUGARS - Net Profit, THE ANDHRA SUGARS - P/E ratio, The Andhra Sugars Ltd, The Andhra Sugars Ltd - Gross Profit