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Vadilal Dairy reported that its net loss widened to ₹84.45 lakh in the quarter ended March 2023, from ₹16.92 lakh in the year-earlier period. Total revenue grew to ₹8.71 crore from ₹6.83 crore.
Net loss for FY23 widened to ₹88.1 lakh from ₹1.52 crore. Total revenue grew to ₹29.17 crore against ₹18.22 crore.
Vadilal Dairy International Ltd. produces vegetarian desserts, including ice creams and frozen traditional Indian dessert, frozen vegetables and ready-to-eat snacks, curries and breads. Vadilal Dairy International caters to both the domestic and export markets.
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