Usher Agro Ltd   BSE code  532765   one of the leading rice millers in India  reported a robust growth in revenue for the year ended  June 30  2010
The company achieved an incredible increase in revenue by a 63 67  from Rs  208 95 Cr to Rs  342 Cr during the same period  last fiscal  The profit after tax for the year ended June 30  2010 stood at Rs  23 53 Cr  resulting into an increase of 58 45   as against Rs  14 85 Cr in the corresponding period of the last fiscal
Earnings per share went up to Rs  10 91 as against Rs  7 26 in the previous year recording an increase of about 50 27 
Highlights
    Year ended 30th Jun 10  Rs  Cr      Year ended 30th Jun 09  Rs  Cr      Growth 
Turnover    342 00    208 95    63 67
Profit after tax    23 53    14 85    58 45
Earnings per share  face value Rs 10     10 91    7 26    50 27
Commenting on the results Mr  Vinod Kumar Chaturvedi  MD of the company said  We are extremely happy with our performance and with faith of the investors we will keep this growth continue
About Usher Agro
Usher Agro Ltd  has charted its growth plan based on its conviction of the opportunities available in food processing sector and have been consistently building up the processing capacity right from its inception  Usher put its first project of rice milling at Mathura  U P   started in 1996 with a installed capacity of 10800 MTPA and which is now stood at over 250000 MTPA  Besides  rice milling Usher is also having Wheat flour milling facility of 75000 MTPA and captive cogeneration power plant based on rice husk a bye product of rice milling activity
Usher believes in using the latest technology   has adapted itself with the rising demands in the industry  ‘Rasoi Raaja  a registered brand of Usher is identified with superiority  quality   credibility
With the recent establishment of the third unit of rice milling  USHER has become one of the leading rice millers in India  USHER is now a recognized name and a great contributor in the progress of Indian food processing industry in general   basic food segment in particular