Hindustan Foods Reports Record Quarterly Profit with 17% PAT Growth
Hindustan Foods Limited achieved its highest ever quarterly profit in Q1, with total income rising 15% YoY to ₹998.00 crores and PAT increasing 17% to ₹32.00 crores. EBITDA grew 10% to ₹84.00 crores. The company saw record production across beverage, OTC pharma, and home care units. Its Lucknow ice cream facility reached full capacity, while a new Nashik plant started production. The footwear segment posted its highest monthly sales in June. Hindustan Foods is investing ₹200.00 crores in North Ice Cream facility expansion and ₹50.00 crores for shoe business growth, targeting a ₹2,000.00 crore gross block. Despite challenges from unseasonal rains affecting seasonal categories, the company remains optimistic about achieving its targets.
19May 25
Hindustan Foods: Q4 Net Profit Surges 34%, Revenue Up 28%
Hindustan Foods Limited announced impressive Q4 results with a 33.90% increase in consolidated net profit to ₹30.80 crore. Revenue rose by 27.70% to ₹933.00 crore. The company's shoe business achieved operational profitability for the first time. Hindustan Foods also approved acquiring a minority stake in The Kabadiwala, a plastic scrap recycling firm.
05May 25
Hindustan Foods Expands Ice Cream Production with New Nashik Facility
Hindustan Foods Limited has commenced operations of Phase 1 of its new ice cream manufacturing facility in Nashik, Maharashtra. This strategic expansion is expected to significantly boost the company's ice cream production capabilities, potentially opening up new market opportunities and partnerships. The phased approach allows for gradual scaling of operations to align with market demand.
02May 25
Hindustan Foods Launches New Ice Cream Facility in Nashik, Eyes Growing Market
Hindustan Foods Limited (HFL) has commenced operations for Phase 1 of its new ice cream manufacturing facility in Nashik. The facility is part of HFL's expansion strategy in the ice cream segment, targeting the ₹30,000 crore Indian ice cream market growing at over 15% annually. HFL is implementing strategic initiatives including a diverse brand portfolio, backward integration, and product range expansion. The company aims to capitalize on market growth driven by urbanization, rising incomes, and evolving consumer preferences.
03Mar 25
Hindustan Foods Receives Green Light from NSE for Corporate Restructuring
Hindustan Foods Limited (HFL) has received a 'No Adverse Observations' letter from the National Stock Exchange (NSE) for its proposed corporate restructuring scheme. The plan involves Avalon Cosmetics Private Limited, Vanity Case India Private Limited, and HFL. Key conditions include disclosure of proceedings, shareholder approval via e-voting, public shareholder support, recent financial information, and compliance with SEBI regulations. The company must file the scheme with NCLT within six months and obtain further approvals from shareholders, creditors, and regulatory bodies.