Total expenses moved from Rs 181 crore in Q1 FY19 to Rs 203 crore in Q1 FY20. The earnings per share of Rs 10 each work out to Rs 52.41 versus Rs 45 in the first fiscal quarter of previous year.
Vadilal Industries is also one of the largest processed food manufacturers in India with significant exports of frozen vegetables and ready-to-eat snacks, curries and breads. Within the country, it is more known as icecream and flavoured milk manufacturer.
The 112-year-old company has two production facilities -- one at Pundhra in Gandhinagar district of Gujarat and the other one at Bareilly in Uttar Pradesh.
It makes 8 lakh cups of icecream every day along with 10 lakh candies and 6 lakh cones, using 1.1 tonnes of dry fruits and 3 lakh tonnes of liquid chocolate.