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Manorama Industries is engaged in manufacturing specialty fats and butter made from exotic seeds and nuts.
Manorama Industries (MANORAMA) is caught in a Customs inquiry over import duties. The issue stems from claiming preferential tariff benefits under the India-UAE trade agreement (CEPA) for Palm Mid Fraction raw material, based on certificates from its UAE supplier. Customs authorities are questioning the eligibility of these imports. **Impact:** The...
Manorama Industries has re-submitted its Q1 FY26 financial results, correcting a previous typographical error in the review report. For the quarter ending June 30, 2025: * **Standalone:** Revenue from operations was ₹289.55 Cr, with net profit at ₹50.58 Cr. Basic EPS was ₹8.48. * **Consolidated:** Revenue also reached ₹289.55 Cr,...
Manorama Industries Limited has announced the incorporation of its wholly owned subsidiary, MANORAMA LATIN AMERICA LTDA, in Brazil with an initial paid-up capital of BRL 60,00,000. This strategic move aims to expand the company's business footprint in the food and cosmetics sector. The subsidiary will operate independently, ensuring no related...
**Financial Highlights:** Manorama Industries achieved Q3 FY25 revenue of ₹2,092 million, a remarkable 112.5% increase year-on-year, attributed to robust demand for specialty fats and the new fractionation facility's output. EBITDA more than doubled to ₹552 million, reflecting a growth of 253.4% and an impressive margin expansion to 26.4%. PAT surged...
Consolidated financial results for Manorama Industries Limited indicate a robust performance for the quarter and nine months ended December 31, 2024. Total income from operations reached ₹21,311.30 crore, reflecting a year-on-year growth of approximately 107.0%, driven by increased demand and market expansion. Net profit stood at ₹3,046.56 crore for the...