NHC Foods Ltd — Updates, 23-07-2025: Company Update
23-07-2025 | 07:27 pm
23-07-2025 | 07:27 pm
NHC Foods has forged a strategic MoU with Lotmor Brands to manufacture beverages under their 'Nature Day' brand, marking a significant diversification beyond agri-commodities into India's organized retail FMCG sector. This move aims to capture growing consumer demand for packaged beverages. Financially, FY 2024-25 was robust, with revenue surging 63.1% to Rs. 341.41 Cr and net profit jumping 184.7% to Rs. 6.69 Cr, reflecting strong operational efficiency. Shareholders approved increasing authorized capital to Rs. 100 Cr and issuing 6.5 Cr convertible warrants. New appointments include Satyam Joshi as MD, Manoj Sharma as CFO, and Vijay Thakkar as Company Secretary.
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