Vidhi Specialty Food Ingredients soared 10.10% to Rs 547.65 after the company's consolidated net profit jumped 48.2% YoY to Rs 12.73 crore in Q3 FY25 as compared with Rs 8.59 crore in Q3 FY24.
Revenue from operations increased 56.44% YoY to Rs 98.51 crore in Q3 FY25.Profit before tax (PBT) jumped 45.13% to Rs 16.98 crore during the quarter from Rs 11.70 crore in same quarter last year.
In Q3 FY25, total expenses rose 59.1% to Rs 81.62 crore as against Rs 51.30 crore in Q3 FY24. Cost of material consumed stood at Rs 52.39 crore, registering the growth of 69% as compared with Rs 31 crore in Q3 FY24.
The counter has outperformed the market in the past year, surging 32.36% as against Sensexs 8.11% increase.
Meanwhile, the company's board declared third interim dividend of Rs 1.50 per share for FY25. The record date for reckoning shareholders entitled to receive the third interim dividend for the financial year 2024-25 will be Friday, 24 January 2025.
Vidhi Specialty Food Ingredients is a leading manufacturer of superior synthetic food grade colours. Providing customers world class color solutions in applications of food & beverage, confectionary, pharmaceuticals, feeds, cosmetics, Inkjet Inks and salt free color. Its colors are being distributed and consumed in over 80 countries across all 6 continents.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content