Himalaya Food International Ltd — Board Meeting, 14-08-2025: Board Meeting
14-08-2025 | 12:36 pm
14-08-2025 | 12:36 pm
Himalaya Food's board met, approving the financial results for the quarter, reporting a revenue of ₹10.22 Cr and a profit of ₹2.59 Cr. The company utilized ₹37.15 Cr from its Rights Issue, with ₹17.2 Cr significantly used to clear 50% of a ₹43 Cr bank settlement. The board is actively addressing US tariffs, noting positive customer response to price revisions. Strategic plans include global market diversification, re-entry into the Indian domestic market after 12 years, and expanding the existing US base. Progress on the new French Fries production line is on track for operation by February 2026, while legal action against Simplot for damages is being pursued.
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