Fortune Foods Q1 Results Net Profit Soars to ₹22.63 Lakh with Revenue of ₹361.01 Lakh

Fortune Foods Q1 Results: Fortune Foods announced its Q1 results for the financial year 2024-2025, showcasing a modest growth in revenue. Revenue from operations stood at ₹361.01 lakh, reflecting a 15.3% increase year-over-year (YoY) from ₹313.16 lakh in Q1 2023-2024.

However, compared to the previous quarter (Q4 2023-2024), revenue saw a slight quarter-over-quarter (QoQ) decline of 7.9%, down from ₹392.16 lakh. The company's total expenses also rose, amounting to ₹339.00 lakh, marking a 33.8% YoY increase from ₹253.27 lakh, mainly due to higher material and employee costs.

Despite the rise in expenses, Fortune Foods reported a net profit of ₹22.63 lakh, up significantly from ₹7.22 lakh in Q4 2023-2024, showcasing a 213.3% QoQ growth. On a YoY basis, however, net profit dropped by 47.1%, from ₹42.82 lakh in Q1 2023-2024.

Earnings per share (EPS) for the quarter were ₹0.52, an improvement from ₹0.17 in the previous quarter, but down from ₹0.98 YoY. This mixed performance highlights Fortune Foods’ resilience amid rising costs while maintaining profitability.

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Fortune Foods Q1 Results 2024-2025

Fortune Foods has reported its Q1 results for the financial year 2024-2025, showing a mixed performance in both revenue and profitability. While revenue grew year-over-year (YoY), there was a slight decline quarter-over-quarter (QoQ). The company has managed to improve its net profit QoQ but faced a YoY decline.

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Fortune Foods Current Market Overview

Fortune Foods is currently performing well in the stock market, showing strong profitability with a Return on Capital Employed (ROCE) of 25.2% and a Return on Equity (ROE) of 15.2%.

The company's stock is listed on the Bombay Stock Exchange (BSE), and while its current market price fluctuates, it remains a solid player in the food industry. With a face value of ₹10 per share, Fortune Foods continues to attract investor interest due to its steady financial performance and market presence.

Q1 Results

The quarterly results for Fortune Foods for the periods ending December 2023, March 2024, and June 2024. These results reflect the company's financial performance across key metrics such as sales, expenses, and profits, offering insight into recent trends in profitability and operating margins.

About Fortune Foods

Fortune Foods is a well-known company in the food industry, offering a wide range of products including cooking oils, spices, and other food essentials. The company is committed to providing high-quality, healthy, and affordable food products to its customers.

Over the years, Fortune Foods has become a trusted brand in many households, known for its focus on innovation, purity, and customer satisfaction. With a strong presence in both domestic and international markets, the company continues to grow and expand its product offerings to meet the evolving needs of consumers.

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