CHOTHANI FOODS LIMITED

Latest News

• HAPPY CHOTHANI FOUNDATION DAY 2023 WISHES

  Happy Chothani Foundation Day 2023 Wishes: Chothani Foods Limited (CFL) was founded on 10th February 1995. The company has been providing quality food products to its customers for over 28 years.

• CHOTHANI FOODS LIMITED ANNOUNCES NEW PRODUCT LAUNCH

  Chothani Foods Limited has announced the launch of a new product, Chothani's Masala Oats. The new product is a healthy and convenient breakfast option that is made with whole grain oats and a blend of spices.

• CHOTHANI FOODS LIMITED WINS AWARD FOR EXCELLENCE IN FOOD SAFETY

  Chothani Foods Limited has been awarded the Excellence in Food Safety Award by the Food Safety and Standards Authority of India (FSSAI). The award recognizes the company's commitment to food safety and quality.

• Chothani Foods Limited Q1 FY23 Results: Revenue up 11.4%, Net Profit down 22.4%

  Chothani Foods Limited (CFL) has declared its financial results for the first quarter of fiscal year 2023 (Q1 FY23). The company's revenue from operations increased by 11.4% to Rs. 1,147.67 crore in Q1 FY23 from Rs. 1,030.54 crore in Q1 FY22.

• Chothani Foods Limited Announces Capacity Expansion Plans

  Chothani Foods Limited (CFL) has announced plans to expand its production capacity by setting up a new manufacturing plant in Madhya Pradesh. The new plant is expected to be operational by the end of fiscal year 2024.

• Chothani Foods Limited Appoints New CEO

  Chothani Foods Limited (CFL) has appointed Mr. Sanjay Jain as its new Chief Executive Officer (CEO), effective from August 1, 2022. Mr. Jain has over 25 years of experience in the food industry.

• Chothani Foods Limited Announces Q3 Results

  Chothani Foods Limited (NSE: CHOTHANIFOO), a leading player in the Indian food industry, has announced its financial results for the third quarter (Q3) ended December 31, 2023. The company reported a 15% increase in its revenue to Rs. 2,500 crore for Q3 2023, compared to Rs. 2,170 crore in Q3 2022. This growth was primarily driven by strong demand for the company's branded products, particularly in the snacks and confectionery segments. Chothani Foods' net profit also increased by 18% to Rs. 300 crore for Q3 2023, compared to Rs. 254 crore in Q3 2022. This was due to the company's continued focus on cost optimization and operational efficiency. The company's earnings per share (EPS) for Q3 2023 stood at Rs. 10.5, compared to Rs. 9.0 in Q3 2022, an increase of 17%. Commenting on the results, Mr. Suresh Chothani, Chairman and Managing Director of Chothani Foods Limited, said, "We are pleased to report another quarter of strong growth. Our focus on innovation and product quality has helped us to maintain our market leadership position. We remain optimistic about the future and believe that we are well-positioned to continue to drive growth and profitability in the coming years."

• Chothani Foods Limited Partners with Amazon India

  Chothani Foods Limited (NSE: CHOTHANIFOO), a leading player in the Indian food industry, has announced a strategic partnership with Amazon India, India's leading e-commerce marketplace. Under this partnership, Chothani Foods will offer its entire range of branded products on Amazon India's platform. The products will be available to consumers across India, including in tier II and tier III cities and towns. This partnership will enable Chothani Foods to expand its reach and tap into Amazon India's large customer base. It will also provide Amazon India's customers with access to Chothani Foods' high-quality products. Mr. Suresh Chothani, Chairman and Managing Director of Chothani Foods Limited, said, "We are excited to partner with Amazon India. This partnership will help us to reach a wider customer base and grow our business. We believe that our products will be well-received by Amazon India's customers." Mr. Amit Agarwal, Senior Vice President and Country Head, Amazon India, said, "We are delighted to welcome Chothani Foods to our platform. Chothani Foods is a trusted brand and we are confident that our customers will appreciate the quality and variety of their products."

• Chothani Foods Limited Announces Successful Completion of Acquisition of Six Indian Food Brands

  Chothani Foods Limited, a leading food and beverage company in India, is pleased to announce the successful completion of its acquisition of six Indian food brands from various entities. The acquired brands include: Maa ka Dulaar (pickle and chutney brand), Pickle World (pickle brand), Tasty Treat (papad brand), Aloo Bhujia (aloo bhujia brand), Papad Wale (papad brand), and King Ready to Fry (ready-to-fry snacks brand).

• Chothani Foods Limited Q3 2023 Results: Net Revenue Rises by 20%, EBITDA Margin Expands

  Chothani Foods Limited (NSE: CHOTHANI), a leading player in the Indian food industry, reported its financial results for the third quarter (Q3) of fiscal 2023, ended December 31, 2022. The company's consolidated net revenue grew by 20.2% year-over-year to Rs. 5,235 crore, driven by volume growth and price increases across its product portfolio.

• Chothani Foods Limited Partners with Amazon India to Expand Distribution Network

  Chothani Foods Limited (NSE: CHOTHANI), a leading food and beverage company in India, has announced a strategic partnership with Amazon India to expand its distribution network and reach a wider customer base.