Usher Agro Ltd said its net profit for the June quarter increased to Rs23.5 crore, a growth of about 58%, from Rs14.8 crore in the same quarter last year.
During the June 2010 quarter, its total revenues increased to Rs342 crore, a rise of about 63%, from Rs209 crore, the company said in a regulatory filing.
On Monday, Usher Agro shares closed 1.7% higher at Rs90 on Bombay Stock Exchange, while the benchmark Sensex ended 0.2% up at 18,032 points.
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