Q1 Results: Mishtann Foods' revenue grows 30% YoY
On a consolidated basis, the company's net profit of Mishtann Foods rose 3.47 per cent to Rs 71.30 crore from Rs 68.92 crore in the same quarter a year ago.
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Agro-food product firm Mishtann Foods Ltd has announced the company's audited financial results for the first quarter that ended on June 30, 2024. The company said its revenue from operations stood at Rs 382.67 crore during the quarter ended June 30, 2024 compared to Rs 293.95 crore in the year-ago quarter, representing a growth of 30 per cent YoY (year over year).
On a consolidated basis, the company's net profit of Mishtann Foods rose 3.47 per cent to Rs 71.30 crore from Rs 68.92 crore in the same quarter a year ago.
Profit before tax rose 1 per cent YoY to Rs 71.98 crore in Q1 June 2024. EBITDA was flat at Rs 72.69 crore during the period under review.
"We are pleased to present our financial results for Q1FY25, reflecting a strong performance and strategic growth trajectory. Our revenue from operations grew by 30% year-over-year, reaching Rs. 382.67 crore," the company said in an exchange filing.
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