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Vintage Coffee And Beverages LimitedImportant, 05-02-2025: Updates

05-02-2025 | 05:33 pm

The Board of Directors of Vintage Coffee and Beverages Limited has convened a meeting where they approved the un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The company reported a significant increase in revenue, reaching ₹8,890.06 Cr for the nine months compared to ₹7,301.04 Cr in the same period last year. Total comprehensive income for the period was ₹1,198.28 Cr, reflecting strong profitability.

Additionally, an expansion initiative was approved for a new spray dried coffee line with an additional capacity of 4,500 metric tonnes per annum, expected to start production by the end of FY 2025-26. This expansion will boost the total production capacity to 11,000 metric tonnes, positioning the company for enhanced market competitiveness and potential revenue growth. Investors should monitor this development as it signifies positive growth prospects for Vintage Coffee.

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