Lotus Chocolate Company Ltd Share Price – BSE

FMCG, Small Cap

Revenue from operations declined 9.21% quarter on quarter (QoQ) to Rs 128.29 crore in the September 2024 quarter.

On year on year (YoY) basis, the company’s net profit was at Rs 5.23 crore in Q2 FY25, steeply higher than Rs 0.09 crore posted in Q2 FY24. Revenue from operation stood at Rs 128.29 crore in Q2 FY25, up 166.82% YoY.

Profit before tax was at Rs 7.03 crore during the quarter, down 32.40% QoQ and up 1,368% YoY.

Total expenses stood at Rs 121.44 crore in second quarter of FY25 (down 7.31% QoQ and up 151% YoY). The cost of material consumed stood at Rs 118.89 crore (down 87.38% QoQ and up 187.59% YoY) and employee benefit expenses were at Rs 4.22 crore (up 22.31% QoQ and up 98.12% YoY) during the period under review.

On half yearly basis, the company’s net profit stood at Rs 12.09 crore in H1 FY25, steeply higher than Rs 0.44 crore posted in H1 FY24. Revenue from operations was at Rs 269.60 crore in H1 FY25, registering a growth of 227.54% year on year.

Lotus Chocolate Company manufactures the finest chocolates, cocoa products, and cocoa derivatives. Its products are supplied to chocolate makers and chocolate users across the world, from local bakeries to multinational companies. It is owned by Reliance Consumer Products (RCPL), which is the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures (RRVL), which is a subsidiary of Reliance Industries (RIL).

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Net profit of Lotus Chocolate Company rose 5722.22% to Rs 5.24 crore in the quarter ended September 2024 as against Rs 0.09 crore during the previous quarter ended September 2023. Sales rose 166.83% to Rs 128.29 crore in the quarter ended September 2024 as against Rs 48.08 crore during the previous quarter ended September 2023.

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Lotus Chocolate Company will hold a meeting of the Board of Directors of the Company on 9 October 2024.

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Lotus Chocolate Company announced that the 35th Annual General Meeting (AGM) of the company will be held on 30 September 2024.

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