Tasty Bite Eatables , a prominent player in the Indian food industry, has announced its unaudited financial results for the quarter and half year ended September 30, along with key corporate developments and detailed postal ballot results.

Financial Performance Overview

The company's financial results show a significant year-over-year decline across all key metrics. Revenue dropped by 16.67% to ₹1.30 billion from ₹1.56 billion in the same quarter last year. EBITDA fell by 61.23% to ₹88.00 million from ₹227.00 million, while EBITDA margin decreased to 6.62% from 14.51%. Net profit declined by 64.36% to ₹36.00 million from ₹101.00 million in the corresponding period.

Corporate Developments

In addition to the financial results, Tasty Bite Eatables has made several corporate announcements. The company's Board of Directors met on November 10 to approve the unaudited financial results for the quarter and half-year ended September 30. Key appointments include Mr. Hans Bakker as a Non-Executive Non-Independent Director and KPMG Assurance and Consulting Services LLP as the company's internal auditor. The financial results were reviewed by the company's auditors, Kalyaniwalla & Mistry LLP, who issued an unmodified review report.

Postal Ballot Results and Official Declaration

The company declared postal ballot results on December 27, with overwhelming shareholder approval for key resolutions. The e-voting process commenced on November 26 and concluded on December 25. Company Secretary Vimal Tank officially communicated the results to BSE Limited and National Stock Exchange of India under Regulation 44 of the SEBI (LODR) Regulations, 2015.

Resolution Voting Breakdown

Two major resolutions were passed with significant majority support, both receiving 99.99% approval from shareholders.

Resolution 1: Appointment of Mr. Hans Bakker

The ordinary resolution for appointing Mr. Hans Bakker (DIN: 11382557) as Non-Executive, Non-Independent Director received overwhelming support. The detailed voting breakdown shows strong participation from the promoter group with 1,904,510 votes in favor, while public institutions contributed 93,260 votes and public non-institutions added 497 votes in favor, with only 2 votes against the resolution.

Resolution 2: Remuneration Approval for Ms. Rama Kannan

The special resolution approving remuneration for Ms. Rama Kannan (DIN: 08005849) as Non-executive, Independent Director received identical support with the same voting pattern and overwhelming approval from all shareholder categories.

Business Operations

Tasty Bite Eatables primarily operates in the prepared foods segment, manufacturing and selling prepared food products to customers. The company continues to focus on its core business operations despite the challenging quarterly performance.

Tasty Bite Eatables Limited (TBEL) has made a significant move into the B2C segment with the launch of its new consumer brand, CHEFFIN, on Amazon's e-commerce platform. The company officially introduced five ready-to-cook meal kits on August 25, 2025, targeting the domestic Indian market and urban working households seeking convenient, high-quality meals at home.

Product Range

The CHEFFIN brand debuts with a range of five ready-to-cook meal kits inspired by North Indian cuisine:

1. Dal Makhani Kit
2. Butter Chicken Kit
3. Chicken Tikka Masala Kit
4. Kadhai Veg Kit
5. Shahi Paneer Kit

These kits are designed to deliver restaurant-style taste while providing the satisfaction of home cooking.

Strategic Expansion

This launch represents a strategic expansion for Tasty Bite Eatables Limited, marking its entry into the fast-growing ready-to-cook category in India. The move is part of TBEL's transformative journey to strengthen its B2C presence in the domestic market and capitalize on the increasing demand for convenient, high-quality meal solutions.

Market Insights

TBEL's decision to introduce CHEFFIN is rooted in consumer insights that indicate a growing preference for restaurant-style meals that can be easily prepared at home. The company aims to cater to the needs of urban working households who seek a balance between convenience and the joy of cooking.

E-commerce Strategy

By choosing Amazon as the launch platform for CHEFFIN, Tasty Bite Eatables Limited is leveraging the power of e-commerce to reach its target audience. This digital-first approach allows the company to tap into the online shopping habits of urban Indian consumers.

Company's Vision

Vimal Tank, Company Secretary & Compliance Officer of Tasty Bite Eatables Limited, stated in the official intimation to the stock exchanges, "CHEFFIN strengthens TBEL's position in India's growing packaged food sector and represents a milestone in our journey to build trusted consumer brands."

The launch of CHEFFIN aligns with TBEL's vision to empower consumers to create meals that meet their expectations, with the brand's tagline suggesting that "with the right tools & knowledge, anyone can unleash their inner chef."

As Tasty Bite Eatables Limited ventures into this new product category, it aims to transform the way urban India approaches home cooking, combining authenticity, convenience, and culinary empowerment in its CHEFFIN range of ready-to-cook meal kits.