Hatsun Agro Q3 Results net profit falls 29%
Dairy and dairy products maker Hatsun Agro Products Ltd on Thursday (January 16) reported a 28.6% year-on-year (YoY) decline in net profit at ₹41 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Hatsun Agro Products posted a net profit of ₹57.4 crore. Hatsun’s revenue from […]
Mother Dairy posts net profit of ₹106 crore in FY24
Mother Dairy and Vegetables Pvt Ltd was back in the black in FY23-24. The packaged dairy and food company posted a net profit of ₹106.27 crore in FY 24, as per its RoC filing sourced from business intelligence platform Tofler. In FY23, the wholly-owned subisidary of NDDB, had posted a net loss of ₹133.32 crore. […]
Nestle India share falls after weak Q1FY25 results
Nestlé India continued to focus on innovation and sustainability, launching several new products and enhancing its digital engagement with consumers. Nestlé India has delivered an impressive performance in the first quarter of FY 25, reflecting strong growth across key financial metrics. The company’s commitment to innovation, efficiency, and sustainability has played a pivotal role in […]
Dodla Dairy hits record high after PAT soars 86% YoY in Q1 FY25
Dodla Dairy zoomed 12.88% to Rs 1,305.35 after the dairy product maker reported 85.93% jump in consolidated net profit to Rs 65.02 crore on 10.70% increase in revenue from operations to Rs 911.59 crore in Q1 FY25 over Q1 FY24. Profit before tax stood at Rs 92.79 crore in Q1 FY25, registering a growth of […]
Heritage Foods posts Q4 profit surges on strong demand for dairy products
India’s Heritage Foods reported a more than two-fold jump in fourth-quarter profit on Wednesday, helped by strong demand for its dairy products amid higher milk prices. The dairy producer’s consolidated net profit from continuing operations rose to ₹405 million ($4.9 million) for the quarter ended March 31, from ₹179.3 million a year earlier. Revenue from […]
India becomes largest market for Maggi in FY24, company to launch Nespresso by 2024-end
Nestle India posted a net profit of ₹934.17 crore in the March quarter, up 27 per cent year-on-year, on the back of strong growth momentum across its product portfolio. Revenue from operations rose 9.05 per cent to ₹5,267.59 crore. The company announced that it has inked a definitive agreement with Dr. Reddy’s Laboratories to form a […]
Almarai reported an increase of more than 4 % in Q4 net profit
Net profit attributable to shareholders after zakat and tax for the three months ending December 31, rose to 370.72 million Saudi riyals ($98.85 million), the company said in a bourse filing on Sunday to the Saudi stock exchange Tadawul, where its shares are traded. Net profit increased mainly on a 5 per cent rise in operating […]
Hatsun Agro reports a 16% drop in Q4 net profit, revenue up 10%
Hatsun Agro Products Ltd , a leading Chennai-based dairy company, reported a 16 per cent drop in net profit to ₹25 crore for the fourth quarter ended March 31, 2023 as against ₹30 crore for the corresponding quarter previous year. Revenue was up 10 per cent to ₹1,791 crore (₹1,627 crore). Cost of materials consumed […]
Nestle India posts 25% jump in Q1 profit
India was a bright spot for global consumer goods major Nestle in the March quarter, reporting a 24.7% year-on-year growth in consolidated net profit to Rs 737 crore, while consolidated revenue rose 21% for the period versus last year to Rs 4,831 crore. The results beat Street estimates by a wide margin, with a poll of analysts […]
Saudi dairy Almarai’s net profit increases to $453m in 22
Saudi dairy giant, Almarai, recorded a 12.5 percent increase in net profit to SR1.7 billion ($453 million) in 2022, compared to SR1.5 billion recorded the previous year, driven by bakery and dairy segments. The Tadawul-listed firm saw its revenue rise by 18 percent to hit SR18.7 billion in 2022 from SR15.8 billion in 2021. The company’s revenue increase was mainly driven by its bakery segment, which was […]