Manorama Industries Ltd has approved a capital expenditure plan of ₹4.60 billion to expand operations. For the December quarter, the company reported consolidated revenue of ₹3.63 billion and net profit of ₹722.7 million. The investment underscores its growth ambitions and commitment to strengthening market leadership.
Manorama Industries Ltd, a key player in specialty fats and oils, has unveiled a major capital expenditure plan worth ₹4.60 billion. This strategic move highlights the company’s focus on scaling production, enhancing efficiency, and positioning itself for long-term growth, while delivering strong quarterly results.
Key Highlights
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Capex Approval: ₹4.60 billion investment sanctioned to boost capacity and future expansion.
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Quarterly Revenue: Consolidated revenue from operations reached ₹3.63 billion in the December quarter.
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Net Profit: Consolidated net profit stood at ₹722.7 million, reflecting operational strength.
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Strategic Outlook: The investment is expected to reinforce supply chain resilience and open new market opportunities.
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Industry Positioning: Manorama aims to consolidate its leadership in the specialty fats and oils sector.
This announcement reflects confidence in the company’s growth trajectory and its ability to deliver sustained value to stakeholders.
Sources: Reuters, Business Standard, Moneycontrol