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Vintage Coffee And Beverages LimitedUpdates, 30-01-2025: Press Release

30-01-2025 | 03:14 pm

Vintage Coffee and Beverages Ltd. reported strong financial results for the third quarter, with net sales reaching ₹88.15 Cr, reflecting a 134% increase from the same period last year. Operating profit surged to ₹15.07 Cr, a remarkable growth of 166%, while profit after tax (PAT) soared to ₹12.45 Cr, marking a 247% increase year-on-year. For the nine-month period, net sales totaled ₹203.37 Cr, an increase of 129%, with operating profit at ₹31.27 Cr, up 115%. PAT improved significantly to ₹24.50 Cr, demonstrating a 219% rise compared to the prior year.

Additionally, the company is expanding its capacity by 4,500 tons per annum at its subsidiary located near Hyderabad, bringing total capacity to 11,000 metric tons per annum. This strategic move aims to meet rising global coffee demand and is expected to be completed in Q4 FY26, financed through internal accruals. Positive outlook as the company aligns with long-term growth strategies amidst robust financial performance.

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