Manpasand Beverages Ltd, one of
India’s leading fruit drinks company,
has announced its financial results for the quarter ended December 31st,
2018.
For
the third quarter ended December 31, 2018:
Revenue from operations for the quarter ended December 31st,
2018 stood at Rs. 163.52 crore, as compared to Rs. 143.13 crore in the same
period last year.
Manpasand’s Earnings before Interest, Tax, Depreciation and
Amortization (EBITDA) in Q3FY19 stood at Rs. 36.89 crore, up 38.01%. The
company’s EBITDA margin improved from 18.01% in Q3FY18 to 22.24 % in Q3FY19.
For
the nine months ended December 31, 2018:
Revenue from operations for 9MFY19 ended December 31st,
2018 stood at Rs. 672.40 crore, as compared to Rs. 570.41 crore in the same
period last year.
Manpasand’s Earnings before Interest, Tax, Depreciation and
Amortization (EBITDA) in Nine months ended December 31, 2018 stood at Rs. 133.42
crore, up 27.56%.
Other
Highlights of MAT MAR’18
As per a recent Nielsen Report based
on MAT MAR’18 data, for General Trade and Modern Trade channels, across India, Manpasand’s
steady performance in the Mango based Drink category, over various parameters:
Manpasand retains
its position as the 4th largest brand and remains the 2nd largest Indian brand
in the Mango based Drink category
· Manpasand has emerged as the 3rd largest Mango
based Drink in the Modern Trade Channel, pan India
Rural sales contribute to 58% of Manpasand’s overall sales
Rural sales contribute to 58% of Manpasand’s overall sales
·
Mirroring the
industry trend, North India remains the highest Mango Drink contributor for Manpasand
too
·
In
the 5 states where Manpasand & Parle Products are jointly distributing
their products, during off-season where key competitors show downward trend in
reach in Orissa, Manpasand has shown increased distribution efforts, across
general trade and modern trade channels
·
In the state of
West Bengal, as per Nielsen’s report, Manpasand has shown steady growth in
reach, vis a vis its competitor.
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