Foods & Inns Limited — Board Meeting, 20-05-2025: Outcome of Board Meeting

Foods & Inns Ltd. has announced a board meeting on the approval of the audited consolidated financial results for FY’25. Revenue stood at Rs. 1,004.6 Cr, down 2% YoY, while net profit rose 14% to Rs. 41.92 Cr. The board declared a 30% dividend. Domestic sales rebounded strongly, particularly in fruit and vegetable pulps, and frozen foods jumped 35%, aided by capacity expansion in Gujarat. The Spray Dried powder unit is running at full capacity, with plans for a new plant. A Rs. 10 Cr inter-corporate deposit was approved for subsidiary asset acquisition. New Ready-to-Eat products are in the pipeline.