India's Hindustan Foods gains on quarterly profit climb

Hindustan Foods

20/05/2025 06:43

** Shares of Hindustan Foods HFDS.NS rise 3.5% to 551 rupees

** Co posts a 34% Y/Y rise Q4 consol profit to 307.5 mln rupees ($3.6 million), revenue from ops grew 27.6% Y/Y

** Rev from ops rises, helped by the acquisitions of SSIPL and MMG, boosting manufacturing capacity

** Stock rated "strong buy" on avg; median PT is 704.5 rupees, as per data compiled by LSEG

** Stock up 7.3%, YTD

   ($1 = 85.4390 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))