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| Exchange Received Time 08/08/2017 18:56:53 Exchange Disseminated Time 08/08/2017 18:56:58 Time Taken 00:00:05 | We have the pleasure in informing the stock exchanges about the first quarter results of the company. The net sales of the company for the Q1 FY 17-18 stand at INR 113.17 crores as against the INR 86.39 crores in Q1 FY 16-17, an increase of 31%. Similarly the PAT for Q1 FY 17-18 is INR 10.12 crores against the INR 7.09 crores reported in Q1 FY16-17 reflecting an increase of 42%. The finance costs of the company are also down.
These results reflect the sound strategy of the company in spite of the recent concerns.
The Karnataka project being set up by our subsidiary; Woodpecker Distilleries and Breweries Private Limited is on course and we expect it be operational by Q3 of the current financial year.
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