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 financial results for the quarter and half-year. Revenue eased 2% YoY to Rs. 1004.6 Cr, while net profit rose 14% to Rs. 42.9 Cr. Strong domestic growth in Fruit & Vegetable Pulps (+17% in Q4) and frozen foods (+35% FY’25) was driven by expanded Gujarat capacity. Spray dried powders are at full capacity, with a new plant planned. The board declared a 30% dividend and approved a Rs. 10 Cr inter-corporate deposit to its subsidiary for asset acquisition. Exports have started for the new Tetra Recart product, targeting Canada.