Quarterly Result29 May 2025, 09:21 am
Tasty Bite Eatables Ltd Announces 3% YoY Growth in FY 2024-25 Despite Challenges
AI Summary
Tasty Bite Eatables Limited (TBEL) has announced the financial results for the quarter and year ended March 2025. Despite a setback in Q1 2025, the company managed to achieve a sequential growth in subsequent quarters and a YoY growth of 3%. The Food Solutions Business grew by 14%, primarily due to a 16% YoY growth in TFS Business. Material costs increased by 1.7% due to commodity inflation. The company's PBT as % of total income ended strongly at +6%.
Key Highlights
- Total revenue for FY 2024-25 is INR 5,730 million
- Business delivered sequential growth in subsequent quarters with Q4 growth at +23% YoY
- Food Solutions Business grew by 14% due to strong growth in TFS Business
- Material costs increased by 1.7% due to commodity inflation in Staples and Oil categories
- PBT as % of total income ended strongly at +6% despite early setback in Q1