ALPHA TRIBE

Gopal Snacks LimitedUpdates, 11-02-2025: Press Release

11-02-2025 | 04:51 pm

Gopal Snacks Limited's financial results for the quarter and nine months ended December 31, 2024, reflect both challenges and resilience. The company reported a revenue from operations of ₹393.6 Cr for Q3 FY25, a 7.1% increase year-on-year, but a fall of 2.3% quarter-on-quarter. Gross profit declined by 12.7% YoY to ₹84.2 Cr, leading to a gross margin decrease to 21.4%. EBITDA dropped significantly by 56.1% YoY to ₹15.5 Cr, and net profit after tax (PAT) fell by 70.3% to ₹5.3 Cr, largely due to a fire at the Rajkot I manufacturing facility which temporarily halted production.

To mitigate the impact, Gopal Snacks has scaled production at its Modasa and Nagpur facilities and commissioned a new plant in Gondal, restoring 75% of supply levels by January 2025. Despite increased raw material costs pressuring margins, the company’s strategic growth initiatives added 207 new distributors and drove a 48% growth in the Wafers segment during Q3. The outlook remains cautious but optimistic, underscoring the company's commitment to recovery and long-term market leadership.

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