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Vadilal Enterprises reports 91% fall in Q1 net profit

11 Aug 2020 Evaluate

Vadilal Enterprises has reported results for first quarter ended June 30, 2020.

The company has reported 91.14% fall in its net profit at Rs 0.99 crore for the quarter under review as compared to Rs 11.18 crore for the same quarter in the previous year. Total income of the company decreased by 76.11% at Rs 70.65 crore for Q1FY21 as compared Rs 295.74 crore for the corresponding quarter previous year.

Vadilal Enterprises are pioneers in the exports of Indian Frozen Food Products.

Peers
Company Name CMP
Nestle India 1365.10
Varun Beverages 430.20
Britannia Industries 4925.00
LT Foods 421.55
Hatsun Agro Product 1167.15
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