Shares of Indian food processing companies were in focus with Avanti Feeds, Hatsun Agro Products, Kwality and Vadilal Industries hitting their respective 52-week highs on BSE in intra-day trade on Wednesday.
With India's ice-cream industry growing at close to 17 per cent, regional brands Havmor and Vadilal have upped the decibel levels and taken their campaigns national this year while veterans - Amul, Mother Dairy and Kwality Walls among others - are banking
With its investments paying off in innovative products, Ahmedabad-based Vadilal Industries has registered a 59% growth in its net profit for the quarter ended June, at Rs 21.36 crore, against a net profit of Rs 13.45 crore in the corresponding period
Shares of Vadilal Industries have surged by 13% to Rs 490, extending the past two-day rally on the NSE, on expectations of better margins due to lower raw material prices.
Ahmedabad-based Vadilal Industries Ltd's standalone net loss for the third quarter ended December 31, 2012 widened by close to 60% at Rs 5.27 crore, which stood at Rs 3.30 crore for the corresponding period last year.
With robust growth plans and diversifications lined up ahead, Ahmedabad-based ice-cream maker Vadilal Industries is planning to come up with a third manufacturing plant in one or two years time, a senior company official informed.
After having established itself as a major ice cream player (the second largest ice cream player in India), Vadilal Industries is now all set to focus on the processed foods segment.
After having established itself as a major ice cream player (the second largest ice cream player in India), Vadilal Industries is now all set to focus on the processed foods segment.
Vadilal Industries plans to double its processed food revenues to over Rs 100 crore in next three years as they have relaunched their frozen processed food in domestic as well as export markets.
Ahmedabad based ice-cream maker Vadilal Industries has posted a 59 per cent jump in net profit for the first quarter of the fiscal ended June 30, 2012 to Rs 13.78 crore, against Rs 8.66 crore in the corresponding quarter of previous fiscal on the back of
Ahmedabad-based leading ice cream player, Vadilal Industries Limited is aggressively looking to increase its penetration in the north Indian market as the company is looking to add 3,000 more retail point of sales in Uttar Pradesh besides increasing its
Vadilal Industries, India's second largest ice-cream player, is now planning to have a pan-India presence in mango-pulp and 'Aamras' category within the next two years.
Vadilal Industries, one of the leading ice-creams makers in the country, is working on increasing its all-India market share from 20 per cent now to 24 per cent by entering newer markets like Haryana, UP, Bihar, Jharkhand among others.