Hotline: 1800 102 2007
X
Search Business Opportunities
Jun, 15 2017

Manpasand Beverages recommends dividend of Rs 1 per share ​

For the Q4 ended March 2017, company reported a net profit of Rs 31.33 crore as against a net profit of Rs 25.59 crore in the corresponding period last year, a growth of 22.43 per cent

Homegrown Beverage Company, Manpasand Beverages Ltd. has reported a 43.85 per cent rise in net profit at Rs 72.63 crore for the financial year ended March 2017 as against net profit of Rs. 50.49 crore in the corresponding period last year.

Total income for the FY16-17 at Rs 735.02 crore were higher by 35.83 per cent compared to Rs 541.14 crore in the previous fiscal. EPS for FY16-17 was at Rs 12.70. Company recommended dividend of Rs 1 per share (10 per cent on the face value of Rs 10 per share).

For the Q4 ended March 2017, company reported a net profit of Rs 31.33 crore as against a net profit of Rs 25.59 crore in the corresponding period last year, a growth of 22.43 per cent. Total income in the Q4 FY 2016-17 was Rs 281.92 crore, a growth of 31.31 per cent as compared to Rs. 214.69 crore in the same period last year. EPS for the Q4 ended March 2017 was at Rs 5.48 per share.

Dhirendra Singh said, Chairman&MD, Manpasand Beverages, said, “This has been a remarkable financial year. One of the biggest highlight of the year was beginning work on four new manufacturing units simultaneously. With these plants in place, the Company will double its production capacity in the coming 12-18 months. We also took the significant step of entering the southern markets and strengthened our reach across South India. In addition, we have lined up a few product launches that are not only innovative but also cater to health conscious customers.”

Comment
Related opportunities
  • Pharmacies
    About Us: |Reliable, Experienced, Trusted pharma product provider| The most trusted name..
    Locations looking for expansion New Delhi
    Establishment year 2006
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
  • Solar Energy and Components
    About Us: Indiagosolar.in  is India's 1st solar e-info commerce marketplace offering..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size
    Space required 1800
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater New delhi Delhi
  • Bars, Pubs & Lounge
    About Us: TJ's Brew Works is a microbrewery, with freshly brewed..
    Locations looking for expansion Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Electric Vehicles (E-Vehicles)
    About Us: GreenTech Auto LLP is Aggressively looking C&F Agents and Distributors. Gre..
    Locations looking for expansion Bihar
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Patna sadar Bihar
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities