ADF Foods Limited — Investor Meet, 05-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

ADF Foods Limited reported a strong Q2 FY25 with consolidated revenue rising 29.5% to INR 161.4 crores, supported by growth across brands including Ashoka and Truly Indian, which is expanding in the U.S. and securing notable retail listings. EBITDA increased to INR 27.7 crores, though margins slightly declined due to brand investment and higher freight costs. The company plans to strengthen management and continue investments, maintaining a goal to double revenue by FY27.