Conference Call with Gopal Snacks Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Department Stores company Gopal Snacks announced Q2FY25 results: Financial Highlights: Q2FY25 Revenue from Operations of Rs 402.6 crore; an increase of 12.6% YoY The distribution network expanded to 828 distributors, increased by 211 distributors, witnessed 34.2% YoY growth Wafers Segment: Volume up by 39.6% YoY; Revenue up by 46.8% Gathiya Segment: Volume up by 15.7% YoY; Revenue up by 13.4% Focus Market: Volume up by 28.4% YoY; Revenue up by 29.3% Other States: Volume up by 93.4% YoY; Revenue up by 77% Operational Highlights: Added over 161 new distributors in the past six months, marking a significant milestone in our strategic expansion The Ghathiya and Wafers segments showcased a YoY growth of 13.4% and 46.8%, respectively The Focus Market achieved a remarkable YoY growth of 29.3% Commenting on the performance Bipinbhai Hadvani, Chairman and MD said: “During Q2FY25, your Company continued its growth momentum, achieving a 12.6% increase in topline, reaching Rs 402.6 crore. This growth has been driven by our strengthened market position, which focuses on the expansion of distribution network, innovative product mix, and increasing brand visibility. Our strategy remains centered on reinforcing our presence in Gujarat while actively expanding our market share in key regions, including Maharashtra, Uttar Pradesh, Rajasthan, and Madhya Pradesh. We are proud to have added over 161 new distributors in the past six months, marking a significant milestone in our strategic expansion. In the Wafer segment, we aim to establish a dominant market presence through product innovation, along with trade campaigns and channel engagement programs. By launching new, customized products and flavors, we seek to increase our market share and profitability, capitalizing on the high-margin potential of this category. This quarter, we launched a marketing campaign for the Cristos brand, reaffirming our commitment to expanding our product offerings and deepening our market penetration. Looking ahead, we plan to introduce further branding and marketing initiatives in the coming quarters to continue our growth trajectory. We are also pleased to announce our first interim dividend of Rs 1.00 per share for FY24-25, reflecting our strong financial performance and dedication to delivering value to our shareholders. This demonstrates our ongoing commitment to rewarding investor confidence while maintaining a focus on sustainable growth and profitability. With a clear vision for the future, we are well-positioned for continued growth. Our goal is to expand our market reach and strengthen our standing as a leading company in the global food industry. We remain focused on enhancing product management, meeting diverse customer needs, and boosting brand visibility. As we establish a stronger market presence, we are prepared to navigate challenges, seize opportunities, and continue delivering enhanced value to our stakeholders." Result PDF
Conference Call with Gopal Snacks Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.