After announcement of financial results, Mishtann Foods Ltd get orders for Mishtann salt from retail stores

Mishtann Foods Ltd. has informed that it has bagged several orders for its Mishtann brand Salt from major retail stores, which will be supplied by July 2022.

The company had announced its launch of Rock Salt under the brand of "Mishtann" in the retail market with the packaging of 500 grams and one Kilogram on the auspicious occasion of Akshaya Tritiya on May 03, 2022.

Recently, Mishtann Foods Ltd had announced  results for the quarter and year ended 31 March 2022. 

For the quarter ended March 2022,  the revenue from operations grew 45% YoY, from Rs. 105.81 crore (Q4FY21) to Rs. 153.47 crore (Q4FY22). 

Net profit jumped 41 times YoY from Rs. 0.31 crore to Rs. 13.15 crore. 

The company had issued bonus equity shares in the proportion of 1  Equity Share of Re. 1 each for every 1 Equity Share of Re 1 each.