Vadilal was started as a soda company in 1907, the founder Vadilal Gandhi used to make ice cream by the traditional Kothi method. Vadilal Gandhi passed on the business to his son, Ranchod Lal Gandhi, who ran a one-man operation with a hand-cranked machine, started a small retail outlet in 1926.
Financial Results:
Vadilal Industries Ltd reported Revenues for Q2FY24 of ₹289.00 Crores up from ₹267.00 Crore year on year, a rise of 8.24%.
Total Expenses for Q2FY24 of ₹243.00 Crores up from ₹234.00 Crores year on year, a rise of 3.85%.
Consolidated Net Profit of ₹38.00 Crores up 40.74% from ₹27.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹52.94, up 39.24% from ₹38.02 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.