Net profit of Hindustan Foods rose 29.06% to Rs 22.03 crore in the quarter ended December 2023 as against Rs 17.07 crore during the previous quarter ended December 2022. Sales rose 7.45% to Rs 729.15 crore in the quarter ended December 2023 as against Rs 678.62 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales729.15678.62 7 OPM %7.796.48 - PBDT42.8335.28 21 PBT28.9925.31 15 NP22.0317.07 29 Powered by Capital Market - Live News

Hindustan Foods will hold a meeting of the Board of Directors of the Company on 8 February 2024.Powered by Capital Market - Live News

Hindustan Foods announced a significant move to bolster it sports shoe  manufacturing business through the acquisition of a sports shoe manufacturing unit situated in Kundli, Haryana. This  strategic  development  is  facilitated  by  its  wholly  owned subsidiary, KNS Shoetech (KNS), and is formalized through a Business Transfer Agreement (BTA). The acquisition, valued at approximately Rs. 30.72 crore (subject to closing adjustments), marks a pivotal step in the company`s expansion efforts within the sports shoes segment. In alignment with its earlier announcement in October, where the company unveiled plans to invest up to Rs. 100 crore in the sports shoes manufacturing domain, Hindustan Foods had also disclosed the acquisition of 100% shareholding in KNS. This move underscores the company`s commitment to fortifying its presence in the ever�expanding sports shoes market. Powered by Capital Market - Live News

Net profit of Hindustan Foods rose 30.32% to Rs 24.67 crore in the quarter ended September 2023 as against Rs 18.93 crore during the previous quarter ended September 2022. Sales rose 2.05% to Rs 675.35 crore in the quarter ended September 2023 as against Rs 661.79 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales675.35661.79 2 OPM %7.996.37 - PBDT42.9434.90 23 PBT31.2225.36 23 NP24.6718.93 30 Powered by Capital Market - Live News

Hindustan Foods will hold a meeting of the Board of Directors of the Company on 8 November 2023.Powered by Capital Market - Live News