Sundrop Brands Limited — Important, 23-05-2025: Updates
23-05-2025 | 07:59 pm
23-05-2025 | 07:59 pm
Sundrop Brands has announced a board meeting on the financial results for the quarter and half-year. The company revised asset values from its DMFPL acquisition, recognizing customer relationships at Rs.49.35 Cr and brand contracts at Rs.252.29 Cr, with goodwill at Rs.581.99 Cr, reflecting expected synergies. DMFPL added Rs.104.44 Cr revenue for two months post-acquisition, now consolidated, supporting Sundrop’s growth in food products and market expansion.
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