Hindustan Foods Limited — Updates, 12-11-2024: Press Release

Hindustan Foods Limited posted record semi-annual consolidated revenues, reporting total income of Rs 1,756.9 crores for H1FY25, up 35.4% year-on-year, driven by increased demand despite challenges in the FMCG sector. EBITDA surged by 38.6% to Rs 148.2 crores, while PBT rose 12.0% to Rs 68.0 crores. However, PAT saw a modest increase of 4.4% to Rs 50.2 crores.

On the operational front, the company is expanding its ice cream manufacturing capabilities with an additional customer at its Nashik site, involving a Rs 185 crore investment, expected to commence production in April 2025. Plus, a new greenfield ice cream plant in North India has been initiated, with a planned phased investment of Rs 225 crores. The Mysuru beverage plant is set to see a Rs 15 crore capacity expansion, and a Rs 40 crore investment has been finalized for color cosmetics in Silvassa.

The outlook remains optimistic as the growth in sectors like ice cream and beverages drives profitability, with significant investments signaling robust future expansion. Watch closely as these developments unfold.