IFB Agro Industries Limited — Important, 07-07-2025: Updates

IFB Agro Industries Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company’s board approved the acquisition of Cargill India’s compound shrimp and freshwater fish feed business with an annual turnover of ₹353 Cr, including manufacturing facilities in Andhra Pradesh, aiming to expand its feed business. The recently completed Vietnam value-added seafood project is expected to operate at full capacity from Q3 FY25-26. FY24-25 standalone revenue grew 14% to ₹1059 Cr with EBITDA rising to ₹59.24 Cr from ₹8.58 Cr last year. Distillery and IML segments faced operational challenges due to excise authority interference in West Bengal. Net debt is near zero with cash balances at ₹187 Cr. The outlook is positive with focus on integrating the acquired feed business to improve margins and growth.