IM Mumbai (Maharashtra) [India], May 28: Krishiwal Foods Limited (NSE: KRISHIVAL), incorporated in 2014, is one of the fastest growing FMCG companies focused on walnuts and dry fruits. The company sells its products under the brand 'Krishiva Nuts'. The company has announced its audited financial results for the half year ending March 31, 2024 and for the year ending March 31, 2024 Key metrics of standalone financials (Rs lakhs):
Performance Highlights: - For the year ending March 31, 2024 * Revenue from operations for the year ending March 31, 2024 stood at Rs 10,261.73 lakh as compared to Rs 7002.94 lakh in the previous year, which increased due to demand of Rs 46.53 lakh. There was an increase of more than percent. Products * EBITDA for the year ending March 31, 2024 was Rs 1529.1 lakh compared to Rs 1163.31 lakh last year, an increase of 31.44 per cent. * Krishi Nuts is expanding its reach in Tier II and Tier III cities through its distributor network. Developing strong presence in D2C segment through e-commerce platforms like Amazon, Flipkart, Jiomart and Krishival.com * Krishival Nuts has started exporting its branded products i.e. Krishival Nuts to Singapore * Strong implementation of brand strategies, cost Increased capacity utilization helped scale up agriculture while maintaining profitability.
Performance Highlights: - For the year ending March 31, 2024 * Revenue from operations for the year ending March 31, 2024 stood at Rs 10,261.73 lakh as compared to Rs 7002.94 lakh in the previous year, which increased due to demand of Rs 46.53 lakh. There was an increase of more than percent. Products * EBITDA for the year ending March 31, 2024 was Rs 1529.1 lakh compared to Rs 1163.31 lakh last year, an increase of 31.44 per cent. * Krishi Nuts is expanding its reach in Tier II and Tier III cities through its distributor network. Developing strong presence in D2C segment through e-commerce platforms like Amazon, Flipkart, Jiomart and Krishival.com * Krishival Nuts has started exporting its branded products i.e. Krishival Nuts to Singapore * Strong implementation of brand strategies, cost Increased capacity utilization helped scale up agriculture while maintaining profitability.
