Bambino Agro reported a loss of Rs.81 lakhs in November quarter . For the full year 2011-2012 company reported a profit of Rs.3 Cr v/s Rs.1.8 Cr posted last year .After a long gap of 15 years company declared a dividend @ 15 % .During the latest quarter company also reported its best ever single quarter sales figure of Rs.70 Cr .Even the company posted a loss in latest quarter I feel promoters are reasonably confident about the future and hence they decided to distribute profit this time.Investors with some risk appetite can still hold it for long term.
Disc:I have vested interest in BAIL
Disc:I have vested interest in BAIL
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