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Vadilal Industries reports 14% rise in Q1 net profit

21 Aug 2018 Evaluate

Vadilal Industries has reported results for first quarter ended June 30, 2018.

The company has reported 13.88% rise in its net profit at Rs 3.61 crore for the quarter under review as compared to Rs 3.17 crore for the same quarter in the previous year. Total income of the company increased by 5.00% at Rs 19.54 crore for Q1FY19 as compared Rs 18.61 crore for the corresponding quarter previous year.

Vadilal Industries is engaged in the manufacture and sale of ice-cream and processed food products. The company's ice-cream segment offers a range of ice creams and frozen desserts in packs, including cups, party packs, family bricks, dollies, cones, and candies. Their processed foods segment offers frozen foods, such as mango pulp, frozen fruit, pulp, and vegetable and ready to eat/serve food.

Peers
Company Name CMP
Nestle India 1364.90
Varun Beverages 434.65
Britannia Industries 4939.00
LT Foods 422.25
Hatsun Agro Product 1163.20
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