Foods & Inns Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
FOODSIN · price
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Foods & Inns Limited's board, meeting on August 13, 2025, approved Q1 FY26 (quarter ended June 30, 2025) standalone and consolidated financial results. Standalone revenue from operations declined ~3.9% YoY to Rs. 231.58 crores, but PAT rose ~4.3% YoY to Rs. 7.63 crores. Consolidated PAT was Rs. 7.10 crores versus Rs. 7.01 crores. Sales tonnage grew 10.3% YoY to 29,964 MT, though value fell 4% to Rs. 229 crores due to lower mango raw material prices. Business highlights include ~12% domestic sales growth, ~50% YoY volume growth in frozen food, strong guava crop, and regaining a tender-based client in Kusum Spices with deliveries starting H2 FY26. The 53rd AGM is set for September 23, 2025, with e-voting cut-off on September 15, 2025. M/s. Ragini Chokshi & Co. was appointed as Secretarial Auditor for five years (FY2025-26 to FY2029-30). No loan defaults; total financial indebtedness stands at Rs. 443.66 crores.
Mixed quarter for shareholders: top-line shrank on lower commodity prices despite strong 10% volume growth and robust segmental demand. The flat-to-modest PAT growth shows margin discipline. Positives include new client wins, capacity expansion plans, and improving demand visibility, but watch for sustained value growth once raw material prices normalise.