Kohinoor Foods Q3 Result 2024: Date and Time, Share Price and Target

News: Kohinoor Foods, a prominent player in the food processing sector, recently released its Q3 results for the fiscal year 2024. In this article, we’ll delve into the key highlights of their performance, including revenue, expenses, and share price projections.

Q3 Financial Snapshot

Here’s a snapshot of Kohinoor Foods’ financials for the third quarter of 2024:

• Revenue: The company reported total revenue of ₹16.81 crores during this period.
• Gross Profit: Kohinoor Foods achieved a gross profit of ₹11.37 crores.
• Operating Income: The operating income stood at a modest ₹0.07 crores.
• Net Income After Taxes: Unfortunately, the net income after taxes was a loss of ₹13.86 crores.
• Earnings Per Share (EPS): The diluted EPS (excluding extraordinary items) was ₹-3.74.

Share Price Projections

Based on analysis and market trends, here are the projected share price levels for Kohinoor Foods:

1. 2023: The share price is expected to touch around ₹40-45.
2. 2024: Kohinoor Foods’ share price may reach approximately ₹45-50.

Investor Insights

Investors should closely monitor Kohinoor Foods’ performance, keeping an eye on factors such as cost management, revenue growth, and market sentiment. While the Q3 results show challenges, the company’s long-term prospects remain promising.

The Legacy of Flavor

Kohinoor Foods traces its roots back to India, where it has been crafting authentic and flavorful dishes. From fragrant biryanis to delectable curries, their commitment to quality and taste shines through every bite.

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Product Range

1. Basmati Rice: Kohinoor Foods is renowned for its premium Basmati rice. The long grains, delicate aroma, and fluffy texture make it a staple in households and restaurants alike.
2. Ready-to-Eat Meals: Busy schedules? No worries! Kohinoor offers a range of convenient ready-to-eat meals. Just heat, serve, and savor the goodness.
3. Spices and Condiments: Elevate your cooking with Kohinoor’s high-quality spices and condiments. From garam masala to tangy pickles, they’ve got you covered.
4. Frozen Foods: Craving samosas or kebabs? Kohinoor’s frozen food selection brings restaurant-style treats to your home kitchen.

Quality Assurance

Kohinoor Foods prioritizes hygiene, safety, and authenticity. Rigorous quality checks ensure that only the finest ingredients reach your plate.

Community Impact

Beyond food, Kohinoor is committed to social responsibility. They actively support local communities and sustainable practices.

Whether you’re a food enthusiast or simply looking for delicious options, Kohinoor Foods offers a delightful journey through flavors. Explore their range, savor the goodness, and experience the magic of Kohinoor!

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