Net loss of Harrisons Malayalam reported to Rs 1.27 crore in the quarter ended March 2018 as against net profit of Rs 1.76 crore during the previous quarter ended March 2017. Sales declined 0.86% to Rs 107.23 crore in the quarter ended March 2018 as against Rs 108.16 crore during the previous quarter ended March 2017.

For the full year,net profit rose 8.80% to Rs 4.45 crore in the year ended March 2018 as against Rs 4.09 crore during the previous year ended March 2017. Sales rose 4.55% to Rs 383.31 crore in the year ended March 2018 as against Rs 366.64 crore during the previous year ended March 2017.

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Harrisons Malayalam will hold a meeting of the Board of Directors of the Company on 25 May 2018.

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Meanwhile, the S&P BSE Sensex was down 152.94 points or 0.46% at 33,164.26. The S&P BSE Small-Cap index was down 278.86 points or 1.58% to 17,373.46.

Bulk deal boosted volume on the scrip. On the BSE, 13.24 lakh shares were traded in the counter so far, compared with average daily volumes of 1.66 lakh shares in the past two weeks. The stock hit a high of Rs 82.40 and a low of Rs 79.90 so far during the day. The stock had hit a 52-week high of Rs 124.90 on 30 November 2017. The stock had hit a 52-week low of Rs 69.80 on 14 August 2017.

The small-cap company has equity capital of Rs 18.46 crore. Face value per share is Rs 10.

Harrisons Malayalam reported 1.19% rise in net profit to Rs 5.09 crore on 8.2% rise in total income to Rs 108.11 crore in Q3 December 2017 over Q3 December 2016.

An integrated agriculture company, Harrisons Malayalam is India's largest producer of rubber, South India's largest cultivator of tea and perhaps the largest farmer of pineapple in the region. It is also a major processor of other agricultural produce from neighboring farmlands.

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Net profit of Harrisons Malayalam rose 1.19% to Rs 5.09 crore in the quarter ended December 2017 as against Rs 5.03 crore during the previous quarter ended December 2016. Sales rose 7.96% to Rs 106.71 crore in the quarter ended December 2017 as against Rs 98.84 crore during the previous quarter ended December 2016.

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