In an interview to CNBC-TV18, Rajesh Gandhi, CMD of Vadilal Industries spoke about the latest happenings in the company.
In an interview to CNBC-TV18, Rajesh Gandhi, CMD of Vadilal Industries spoke about the results and his outlook for the company.
In an interview to CNBC-TV18, Rajesh Gandhi, CMD of Vadilal Industries spoke about the results and his outlook for the company.
Speaking to CNBC-TV18, Kalpit Gandhi, Director & CFO of Vadilal Industries said that FY17 revenue growth will be in double digit.
Vadilal will also consider storage options during off-season, says Rajesh Gandhi, CMD of the company.
In an interview to CNBC-TV18, Rajesh Gandhi, CMD says that the focus will be on increasing penetration.
Icecream maker Vadilal Industries posted third quarter results yesterday, with total income rising 3.45 percent year-on-year at Rs 68.25 crore. The company posted a net loss of Rs 6.91 crore, narrowing from Rs 9.52 crore YoY.
In an interview with CNBC-TV18, Vadilal MD Rajesh Gandhi said the company's relatively-weak top line growth (9 percent year-on-year, as opposed to a full year target of 15 percent) was because of erratic monsoons.
Rajesh Gandhi, CMD, Vadilal Industries says the company believes in innovation which is why it has launched three new brands, categorically catering to kids, youth, and adults, each on the basis of their look and feel.
Vadilal is one of the largest ice cream manufacturers in India with a 15 percent market share in the domestic business, being second to Amul in terms of volumes.
23-year old Aastha Gandhi, fifth generation of the Rs 350 crore Vadilal Group aims to expand 'melt in' to major metros by 2015.