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Kwality Limited
Source Name: Kwality Limited

Kwality Ltd Q1 Net Sales up 27.21% at Rs. 1326.22 Crore

Net Profit up by 20.88% at Rs. 34.10 crore

Aug 12, 2014   18:21 IST 
New Delhi, Delhi, India

Editor Synopsis

Q1 FY15 Results (Comparisons with Q1 FY14)

  • Net Sales at Rs 1326.22 crore vis-a-vis Rs 1042.55 crore

  • PBT at Rs 40.06 crore vis-a-vis Rs 32.23 crores

  • EBIDTA at Rs 77.09 crore vis-a-vis Rs 60.31 crore

  • EPS at Rs 1.68 v/s Rs. 1.39

 

 

Kwality Limited, India's premier dairy foods company reported Net Sales of Rs 1326.22 crores up by 27.21% for Q1FY15 as against Rs 1042.55 crores in the corresponding quarter of last year; Net Profit during the same period stood at Rs 34.10 crores up by 20.88% at as against Rs 28.21 crores for the quarter ended 30th June 2013.

The EBIDTA margin for the quarter was 5.81% as against 5.78% reported in Q1FY14.

EPS for the quarter was Rs 1.68 (Re 1 face value share) in Q1FY15 as against Rs 1.39 in the same period of last fiscal.

Commenting on the company’s results, Mr. Sidhant Gupta – Executive Director, Kwality Ltd said, “This last quarter was in line with our growth agenda and we are satisfied to register a growth in sales of 27.21% in this quarter as compared to Q1FY2014. The results are as expected and broadly in sync with our objectives and strategies. With factors such as rising disposable income, migration of people to packed milk structural changes in food habits coupled with better margins in the value added product segment has helped us to post good numbers.

We are currently focusing on the value added products and we are confident that this segment would be a big contributor to our product basket in the times to come. Hence the company has already laid the foundation for a strong performance in the remaining quarters of the year”

 

ABOUT KWALITY LIMITED:

Incorporated in the year 1992, Kwality Limited is India’s premier dairy foods company and has built leadership positions in branded and value-added markets across the dairy sector. The product range includes milk (bulk pouched and tetra pack), , pure ghee, pure cow ghee, livlite 85% less cholesterol ghee, curd, skimmed milk powder , wake up creamer, chaach, lassi and other dairy products under its umbrella brand ‘Dairy Best’. With six milk processing units in Uttar Pradesh, Haryana and Rajasthan and pan-Indian distribution network, the company caters to retail customers under its own brand ‘Dairy Best’ and supplies dairy products to institutional customers which includes leading MNCs & Indian companies. In Dun & Bradstreet Corporate Award 2014, Kwality Limited was selected as top Indian Company under sector “Food & Agro Processing” on 28.05.2014.


 
 
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