Multibagger FMCG Stock Sarveshwar Foods Announced Q4 Results: Check Financials

Sarveshwar Foods Limited has informed the stock market that a meeting of its Board of Directors was held on Thursday, May 16, in which the financial results for the fourth quarter of the last financial year have been approved. Sarveshwar Foods Limited has told the stock market that its revenue from operations in the fourth quarter of the last financial year was Rs 111.8 crore, which was Rs 98.93 crore in the previous quarter and Rs 65.39 crore in the third quarter of the last financial year.

The company has told the exchange that its profit before tax in the fourth quarter of the last financial year was Rs 2.95 crore which was Rs 2.65 crore in the previous quarter and Rs 68 lakh in the fourth quarter of the last financial year. Sarveshwar Foods has informed the stock market that its profit after paying tax in the fourth quarter of the last financial year was Rs 2.83 crore, which was Rs 1.92 crore in the previous quarter and Rs 55 lakh in the fourth quarter of the last financial year.

In the afternoon trade on Friday, the shares of Sarveshwar Foods Limited registered a decline of two per cent and were functioning at the level of Rs 9.50. Sarveshwar Foods Limited is a micro-cap agri export company with a market cap of Rs 930 crore whose shares have a 52-week high of Rs 15.55 and a 52-week low of Rs 2.19. Shares of Sarveshwar Foods have given a return of 13 per cent to investors in the last 5 days, while in the last 6 months, its shares have given a bumper return of 94 per cent from the level of 4.90.

Sarveshwar Foods is an ISO and USFDA certified company, which is engaged in the business of manufacturing, trading, processing, and marketing of branded and unbranded basmati and non-basmati rice in the domestic and international markets.
Recently, the company has informed exchanges that it has been awarded a contract from the Shri Mata Vaishno Devi Shrine Board in Jammu and Kashmir. Under this contract, Sarveshwar Foods will supply its premium Steamed Basmati Rice to the renowned pilgrimage destination.

The Shri Mata Vaishno Devi Shrine Board, known for its dedication to providing high-quality provisions, has chosen Sarveshwar Foods as a trusted supplier of Basmati Rice. This selection underscores Sarveshwar Foods' reputation for excellence and reliability in delivering top-notch Basmati Rice and is a testament to the company's unwavering commitment to quality and customer satisfaction.