AHMEDABAD: Homegrown fruit drink-maker Manpasand Beverages Ltd.
has reported a 1.32 per cent rise in net profit at Rs.
36.38 crore for the first quarter ended June 30, 2018 as against net profit of Rs.35.91 crore in the corresponding quarter of the previous fiscal year, the company announced on Thursday.
Revenue for Q1 of FY 18-19 stood at Rs.340.07 crore higher by 9.24 per cent as against Rs 311.30 crore in corresponding quarter of previous fiscal.
CMD Dhirendra Singh said over the next three years, Manpasand expects that its entry in new product segments including milk-based drinks, fruit-based sugar-free drinks, glucose drinks and protein-based drinks will generate incremental revenues and will provide significant boost in the companys growth across local and global markets.
The company said it has finalised the location for its fourth new plant in Khurda in Odisha, its first plant in the eastern region.