23 May 2022 , 09:48 AM
Key Standalone Financial Highlights for FY22 are as follows:
Looking at the future, our Ice Cream project at Uttar Pradesh has commenced commercial production. Commencement of this facility and the successful integration of the Beverages business opens doors to the multibillionâ€dollar+ F&B market in addition to our existing categories of Home Care, Personal Care, Healthcare & Wellness.
The Ice Cream project is also a testament to our ability to diversify across product categories and bring the same emphasis on execution across geographies. Along with Ice Cream, our recent addition to the product portfolio from the entire Color Cosmetics line to Oral Care to Foot Care vindicates our ambition to be the most diversified FMCG contract manufacturer in the country.
We are confident that our customers will look at our track record of executing greenfield projects flawlessly and integrating the acquisitions seamlessly and continue to propel us towards our next goal of achieving the target of Rs4,000 crore of turnover by FY25.”
At around 9:22 AM, Hindustan Foods was trading at Rs2,005 apiece up by Rs95.6 or 5.01% on the BSE.
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