New Delhi, Nov 8 (PTI) Basmati rice firm KRBL Ltd on Monday reported a 9 per cent decline in its consolidated net profit at Rs 136.22 crore for the quarter ended September.

Its net profit stood at Rs 149.81 crore in the year-ago period.

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Total income also fell to Rs 1,059.22 crore in the second quarter of this fiscal year from Rs 1135.94 crore in the corresponding period of the previous year.

Uttar Pradesh-based KRBL Ltd sells premium basmati rice under India Gate brand.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)