Food Products company Manorama Industries announced Q1FY25 results: Revenues during Q1FY25 grew by 19.6% YoY to Rs 1,334.1 million owing to higher demand of the Company's product portfolio. EBITDA during Q1FY25 surged by 43.6% YoY at Rs 267.7 million; EBITDA margin for the quarter expanded by 335 bps YoY to 20.1%. PAT during Q1FY25 increased by 17.2% YoY to Rs 135.4 million; PAT margin stood at 10.2% in Q1FY25. Commenting on the results and performance, President of Manorama Industries, Ashish Saraf said: "Manorama Industries continues to gain from the momentum shift in demand for sustainable CBE and Exotic Specialty Fats and Butter from the Global and Domestic Confectionery, Chocolate and Cosmetic clients. As a result, the Company's revenues have registered 19.6% YoY growth to Rs 1,334 million in Q1FY25. Our domestic to export market mix stands at 27:73 in Q1FY25. The Company's EBITDA has witnessed a substantial rise of 43.6% YoY reaching Rs 268 million in Q1 FY25. Additionally, Manorama Industries has seen an expansion in its EBITDA margin by 335 bps YoY at 20.1% in Q1FY25 which is attributed to efficient cost management and operating leveraging. We are also excited to announce the commencement of our new fractionation facility's commercial operations in July 2024 which boasts an annual production capacity of 25,000 tonnes. This development has substantially increased our total fractionation capacity to 40,000 tonnes per annum. With this expansion, we anticipate a significant surge in our revenue, thereby upgrading our guidance to Rs 750+ Crores for the fiscal year 2025, along with an increase in profitability due to the economies of scale. It is with great pride that we share that Manorama Industries being honored with the prestigious 'Great Place to Work®, India' certification for mid-sized organizations during Q1FY25. This accolade underscores our commitment to being an employer of choice and enhances our ability to attract, develop, and retain top talent, further reinforcing our stance in the global market for CBE and specialty butters and fats. Result PDF