Ahmedabad, May 27 — Vadilal Industries, India’s second-largest ice cream manufacturer, reported a net profit of ₹150 crore for the financial year 2024–25, marking a modest 3.44% increase year-on-year, despite a healthy 10.3% rise in annual revenues.
The company’s total revenue climbed to ₹1,255 crore during FY25, reflecting continued consumer demand and strategic market expansion in the highly competitive frozen dessert sector. Notably, the growth comes as the company seeks to further solidify its position through new Ice Cream Franchise initiatives, capitalizing on evolving consumer preferences and regional market potential.
In its first board meeting following the unification of the Gandhi family and a comprehensive board restructuring, the company declared a dividend of ₹21 per fully paid-up equity share of ₹10. The leadership shake-up also saw the appointment of Anil Kabra as Chief Financial Officer.
Expenses rose in tandem with revenue, up 10.2% over the year. However, fourth-quarter performance reflected some headwinds. Revenues for Q4 FY25 stood at ₹274 crore—up 9%—while net profit dropped 21% to ₹22 crore, largely due to rising operational costs and seasonal variances.
As the company continues to expand its footprint and roll out the latest ice cream offerings across India, industry analysts are closely watching how Vadilal’s evolving franchise strategy and leadership changes will influence its performance in the coming fiscal year.
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