Sarveshwar Foods Limited announces highest ever sales for H1FY25; EBITDA jumps 35% YoY

Bhubaneswar(22/10/2024): Sarveshwar Foods Limited (BSE: 543688, NSE: SARVESHWAR) an ISO 22000:2018 and USFDA certified leader in the agro product FMCG sector, has achieved a significant milestone by surpassing Rs 500 crores in sales during the first half of the fiscal year.

This accomplishment underscores the rising popularity of SFL�s premium offerings, particularly its organic products under the 'Nimbark' brand, which have driven notable profit growth due to the company's steadfast commitment to quality. For the first half of FY25, compared to the same period in FY24, the company reported the following financial results - Total revenue stood at INR 504.36 crore, an increase of 28.37% from INR 392.90 crore.

EBITDA grew by 35.53% to INR 34.14 crore, up from INR 25.19 crore.

PAT saw a significant rise of 45.22%, reaching INR 11.24 crore compared to INR 7.74 crore.

In a half-on-half comparison for H1 FY25 versus H2 FY24, Total revenue increased by 5.80%, from INR 476.69 crore to INR 504.36 crore.

EBITDA rose by 11.57%, from INR 30.60 crore to INR 34.14 crore.

PAT improved by 24.34%, reaching INR 11.24 crore compared to INR 9.04 crore. Rohit Gupta, Chairman, Sarveshwar Group, said, "We are pleased to announce that Sarveshwar Foods Limited has achieved a significant milestone, surpassing Rs 500 crores in sales during the first half of this fiscal year�our highest in the company's history.

This spectacular performance reflects our continuous commitment to product innovation and the growing consumer awareness of organic products.

Our strategic focus on developing high-quality offerings, particularly under the 'NIMBARK' brand, has resonated with health-conscious consumers who seek authenticity and flavor in their meals.".