PROWISE INDIA’s Post

𝐀𝐧𝐧𝐚𝐩𝐮𝐫𝐧𝐚 𝐒𝐰𝐚𝐝𝐢𝐬𝐡𝐭’𝐬 𝐜𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐞𝐝 𝐧𝐞𝐭 𝐩𝐫𝐨𝐟𝐢𝐭 𝐣𝐮𝐦𝐩𝐬 𝟖𝟑.𝟖𝟏% 𝐢𝐧 𝐅𝐘𝟐𝟒 - Annapurna Swadisht Limited (ASL) has reported ∼84% (83.81%) surge in consold. net profit . - The company earned a net profit of Rs 13.13 crore for the year ended March 31, 2024, as compared to Rs 7.14 crore in the previous corresponding period. - The company’s consolidated revenue from operations increased by nearly 65.43 percent at Rs 264.97 crore during 2023-24, as against Rs 160.17 crore in 2022-23. - Commenting on the company’s result, Shreeram Bagla, Managing Director, Annapurna Swadisht, said, “The year 2023-24 has been an exceptional year for Annapurna Swadisht as we have taken several key initiatives to strengthen our foothold in existing markets even while adding new products to fortify our presence in the packaged food industry.’’ - The company sees a robust demand for branded packaged snacks, especially from Tier III and Tier IV markets 𝐌𝐚𝐤𝐞 𝐬𝐮𝐫𝐞 𝐭𝐨 𝐟𝐨𝐥𝐥𝐨𝐰 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐨𝐟 𝐅𝐨𝐨𝐝 𝐨𝐧 𝐟𝐨𝐫 𝐜𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐟𝐨𝐨𝐝 𝐫𝐞𝐭𝐚𝐢𝐥 𝐢𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬. https://lnkd.in/gUtpZJUH Annapurna Swadisht Ltd | Shreeram bagla India Food Forum | IMAGES Group #BusinessOfFood #CulinaryCommerce #FoodService #FoodGrocery #ECommerce #GroceryRetail #HoReCa #FoodTechnology #Sustainability #Innovation #Supplychain #FoodIndustryNews #FoodBusinessUpdates

#retailinsights Retail with Rasul Bailay R S Sodhi, President of Indian Dairy Association engages in a discussion with Rasul Bailay, Group Managing Editor of IMAGES Group exploring the broader narrative of food consumption in India, dairy supply chain experiences, pivotal role of farmers in the industry and much more. To watch the exclusive interaction, visit Retail with Rasul Bailay and get daily updates on retail on IndiaRetailing.com #dairyassociation #dairyindustry #dairyproducts #dairyfarming #dairysupplychain #foodandbeverage #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing 

Patanjali Foods Q1 Results: Net profit nearly triples YoY to Rs 263 cr; revenue drops 8% Patanjali Foods on Friday reported that its net profit has nearly tripled to Rs 263 crore in the first quarter ended June 2024. The same stood at Rs 88 crore in the last year quarter. Revenue from operations declined 8% year-on-year to Rs 7,173 crore in the June quarter, compared with Rs 7,767 crore a year ago. Revenue from operations declined 8% year-on-year to Rs 7,173 crore in the June quarter, compared with Rs 7,767 crore a year ago. #Q1 #patanjalifoods #q1result #Q1Results #shares #stockmarket #sharemarket #stockmarketindia #sharemarketindia #stockmarketnews #directusinvestments

🌟 Exciting Insights into India's Food Industry! 🌟 Discovering the journey of ITC Foods, now the leading FMCG player in India, as Divisional Chief Executive of Foods Business of ITC Hemant Malik unveils the strategies behind their remarkable growth in the evolving food landscape. 👉 From converting unbranded to branded products to tailoring offerings to regional tastes, ITC Foods has set a benchmark in product innovation and consumer trust. 🚀 Key takeaways: - Emphasis on quality control and consistent product experience - Expansion into diverse food categories with a focus on premium offerings - Initiatives to educate consumers on healthy alternatives like millets - Venturing into adjacent markets for further growth Don't miss this insightful conversation shedding light on the future of food in India! Watch the interview here #ITCFoods #FMCG #FoodIndustry #Innovation #QualityControl #ConsumerTrust #ProductDifferentiation #RegionalCustomization #Millets #MarketExpansion Hemant Malik The Economic Times https://lnkd.in/d-cYEttc

Here's a sneak peek at the key talking points at this year’s Fresh Produce India. 🍉 How has India’s fresh produce business evolved since the pandemic? 🥭 What opportunities and challenges lie ahead in the changing consumer, retail and distribution landscape? 🥑 How is consumption of avocados and berries taking off as leading suppliers and breeders move in on the market? 🍒 What technologies are fostering sustainable production and enabling India to deliver on its huge supply potential? 🥝 What are the future growth prospects for India’s fresh fruit imports? Mumbai is once again the stage for Fresh Produce India, as it returns on 21-22 March 2024 with the best combination of information, business and networking. Register your spot today. Check out the agenda here ⬇️ https://ow.ly/Oi2b50QvPuI #FreshProduceIndia #FPI2024 #India #Mumbai #fruits #vegetables #freshproduce #fruitnet #fresh #networking #tradeshow #Mumbaifreshmarket #producebusiness #registernow #agendareveal

Patanjali Foods Q1 Results: Net profit nearly triples YoY to Rs 263 cr; revenue drops 8% Patanjali Foods on Friday reported that its net profit has nearly tripled to Rs 263 crore in the first quarter ended June 2024. The same stood at Rs 88 crore in the last year quarter. Revenue from operations declined 8% year-on-year to Rs 7,173 crore in the June quarter, compared with Rs 7,767 crore a year ago. Revenue from operations declined 8% year-on-year to Rs 7,173 crore in the June quarter, compared with Rs 7,767 crore a year ago. #Q1 #patanjalifoods #q1result #Q1Results #shares #stockmarket #sharemarket #stockmarketindia #sharemarketindia #stockmarketnews #directusinvestments

Navigating the Heat: Dairy Distribution in Mumbai 🥛🚛 In cities like Mumbai and Delhi distributing fresh dairy products faces unique challenges due to the hot weather. The mid-mile distribution process is crucial, but ensuring on-time and temperature-controlled deliveries can be tricky. Leveraging technology and tracking systems can help identify gaps in the supply chain and ensure that dairy products reach their destination at the right temperature and on schedule 📦🌡️ Technological Advancements 💻 Real-time monitoring systems allow distributors to track the temperature of their products at every stage of the journey. This ensures that dairy products remain fresh and safe for consumption, even in sweltering heat conditions. Additionally, route optimization software helps distributors plan the most efficient routes, ensuring that products reach their destination on time. 🛣️⏱️ Specialized Services 🥇 JustDeliveries has successfully tackled these challenges by prioritizing logistics for perishables. By dedicating their efforts solely to optimizing the distribution of perishable goods like fresh milk in hot climates, we have fine-tuned processes to perfection. The single-minded focus on addressing the specific needs of dairy distribution ensures efficiency, reliability, and ultimately, customer satisfaction. 🌟 Conclusion 🎯 By leveraging real time temperature tracking technology and focusing on specialized packaging, distributors can overcome the challenges posed by the hot weather and ensure that dairy products reach their destination in optimal condition. These advancements not only benefit distributors but also contribute to the overall quality and safety of dairy products consumed by the public. 🌞🥛 #SupplyChainManagement #ColdStorage #Logistics #FoodIndustryIndia #FoodProcessing #SupplyChainManagement #FoodLogistics #FoodDistribution #FoodProcessing #FoodSafety #FoodQualityControl #supplychainpartners #FoodTechnology #FoodWasteManagement #FarmtoFork #SustainableSupplyChain #coldchain #logistics #perishables #fssaiapproved #reefertrucks #temperaturecontrolled #Mumbai #justdeliveries #bangalore #deliveryservices #3PL

RS Sodhi, President of the Indian Diary Association, emphasizes India's exceptional growth rate and lower inflation in the global market. Food and dairy companies are urged to seize opportunities by owning the entire supply chain. Looking forward to the Phygital Retail Convention 2024, innovation is key to catering to the needs of the lower consumer segment. #IndianDairyAssociation #FoodIndustry #SupplyChain #PhygitalRetail #Innovation #ConsumerSegmentDemands

Here's a sneak peek at the key talking points at this year’s Fresh Produce India. 🍉 How has India’s fresh produce business evolved since the pandemic? 🥭 What opportunities and challenges lie ahead in the changing consumer, retail and distribution landscape? 🥑 How is consumption of avocados and berries taking off as leading suppliers and breeders move in on the market? 🍒 What technologies are fostering sustainable production and enabling India to deliver on its huge supply potential? 🥝 What are the future growth prospects for India’s fresh fruit imports? Mumbai is once again the stage for Fresh Produce India, as it returns on 21-22 March 2024 with the best combination of information, business and networking. Register your spot today. Check out the agenda here ⬇️ https://ow.ly/UZWN50QvPuH #FreshProduceIndia #FPI2024 #India #Mumbai #fruits #vegetables #freshproduce #fruitnet #fresh #networking #tradeshow #Mumbaifreshmarket #producebusiness #registernow #agendareveal

🍫 The ₹10 Energy Bar 🍫 Looking at whole BournVita, Boost, Horlicks etc, not being able to call themselves "Health Drink" I was recently talking to Devendra Upadhyay about the missing low cost healthy snacks and drinks which can cater to the bharat users at LUPs i.e, INR 5/10/15 MRP Why? Because bharat users currently has no other healthy snack option in the market He then told me about "𝐓𝐀𝐀𝐊𝐀𝐓" 𝐇𝐮𝐧𝐠𝐞𝐫 𝐁𝐚𝐫 which he saw at #aahar2024 Started by Avinash Pareek, has potential to reach and impact every bharat user who needs a healthy snack. A huge market is opening up for healthy snacking for bharat users, recently Kirana Club worked with Tata Consumer Soulfull to expand it's SOULFULL range at INR 5/10/15 and saw exponential growth. Expecting to see many more #fmcg players to jump in and bring positive change in the snacking category. #GeneralTrade #Distribution #Wholesale #Insights #retail #kiranas #consumerinsights #offline #GTM #NoSugar AvyahCorp Private Limited Tata Consumer Products