It had recorded a net profit of ₹515.1 crore in the same period last year.
The maker of Hajmola candy and Real fruit juice recorded a 5.5 per cent drop in net sales to ₹3,028.6 crore from ₹3,203.8 crore in the year-ago period. The fall in sales was also exacerbated by a one-time inventory rationalisation exercise for the general trade channel that the company undertook during the quarter.
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IndiGo stock takes off on rating upgrade
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Wait for NAV, price on exchange to converge before investing
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Derivatives volume drops 37%
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Indian crypto investors ride Bitcoin, altcoin wave
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