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Corporate Results - Food & Dairy Products


Parrys narrows down loss in Q3

Our Bureau

CHENNAI: Parrys Confectionery Ltd (PCL) has cut its loss in the third quarter ended December 31, 2001 to Rs 43 lakh on a total income of Rs 26 crore compared to the net loss of Rs 1.59 crore on a total income of Rs 26.34 crore for the corresponding period in the previous year.

Total expenditure was Rs 24.26 crore (Rs 25.29 crore), interest was Rs 57 lakh (Rs 86 lakh) and depreciation was Rs 1.59 crore (Rs 1.78 crore).

The company's net loss of Rs 60 lakh for the nine months ended December 31, 2001 on a total income of Rs 73.67 crore came down as against the net loss of Rs 6.09 crore on a total income of Rs 81.01 crore for the corresponding period in the previous year.

The total expenditure was Rs 67.44 crore (Rs 79.06 crore), interest was Rs 1.99 crore (Rs 2.70 crore) and depreciation was Rs 4.65 crore (Rs.5.34 crore).

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