Gopal Snacks Limited reported its financial results for the quarter ending December 31, 2024, highlighting a 7% year-on-year (YoY) growth in revenue from operations, which reached Rs 393.57 crore compared to Rs 367.58 crore in the same quarter last year. Total income for the quarter, including other income of Rs 0.72 crore, stood at Rs 394.30 crore, up from Rs 368.79 crore in Q3 FY24.
The company’s net profit saw a significant 70% YoY drop, reaching Rs 5.31 crore, compared to Rs 17.8 crore in the corresponding period last year. The improvement in profitability was driven by higher revenue growth and effective cost management.
Expenses during the quarter were reported at Rs 386.78 crore, up from Rs 364.99 crore in Q3 FY24, primarily driven by increased costs of materials consumed and stock-in-trade purchases. The cost of materials consumed rose to Rs 298.79 crore, reflecting an increase in production. Employee benefit expenses also increased to Rs 28.17 crore, compared to Rs 26.25 crore last year.
Profit before tax for the quarter was Rs 75.18 crore, compared to Rs 26.55 crore in Q3 FY24. The company reported a tax expense of Rs 21.99 crore, leading to its net profit growth.
With robust growth across its operations, Gopal Snacks remains focused on scaling its product portfolio and market presence.
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