Krishival Foods Limited — Important, 10-12-2024: Updates

The Board of Directors of Krishival Foods Limited has approved the standalone and consolidated financial results for the half-year ended September 30, 2024. Both reports indicate significant growth in revenue, with standalone revenue from operations rising to ₹7,316.24 crore, up from ₹5,156.99 crore in the previous half-year, and consolidated revenue reaching ₹7,378.89 crore.

Net profit for the standalone entity surged to ₹828.29 crore, compared to ₹508.84 crore in the prior period, while consolidated net profit increased to ₹829.63 crore from ₹502.63 crore. The results reflect a robust performance across the nuts and dry fruits segment, which reported substantial earnings before tax.

The company’s balance sheet shows total assets of ₹1,445.12 crore and total liabilities of ₹2,545.84 crore. The financial outlook appears positive, as management anticipates continuing strong demand in their markets. Investors should remain vigilant for future developments that support this growth trend.