logo
Vintage Coffee posts PAT of Rs 14 crore in Q1 FY26

Vintage Coffee posts PAT of Rs 14 crore in Q1 FY26

Vintage Coffee and Beverages has reported a consolidated net profit of Rs 14.23 crore in Q1 FY26, which is more than three times the PAT of Rs 4.55 crore posted in Q1 FY25.
Net sales rose by 2.3 times to Rs 101.61 crore in the June25 quarter from Rs 43.67 crore recorded in the same period last year.
Total operating expenditure increased to Rs 83.57 crore in Q1 FY26 from Rs 35.97 crore in Q1 FY25.
Profit before tax in Q1 FY26 stood at Rs 15.56 crore, which is over 3x the pre-tax profit of Rs 5 crore in Q1 FY25.
Balakrishna Tati, chairman and managing director of Vintage Coffee & Beverages, said: We are proud to deliver another strong quarter despite seasonally weak quarter.
The company delivered its highest ever Q1 revenue, operating profit and profit after tax in the history of company. This performance reflects the solid execution of our growth strategy, expansion of manufacturing capacity, and increasing acceptance of our products in domestic and international markets.
We are confident of improving performance further in FY26 on the back of robust demand and higher capacity utilisation.
The company has taken all steps for the timely completion of an additional 4,500 MTPA spray dried and agglomerated capacity expansion, which is likely to be completed by end of March 2026. This will take the total capacity to 11,000 MTPA from the current 6,500 MTPA.
The board of directors have approved preferential issue of equity shares and warrants aggregating Rs 215.76 crore on 4th July 2025. The proposed preferential issue will bring in marquee institutional investors of scale and repute demonstrating confidence in the companys products and growth plans.
The proposed preferential issue will help the company set up an additional 5,000 MTPA plant of freeze-dried coffee adding to 11,000 MTPA spray dried and agglomerated capacities by end of FY27. This will ensure consistent growth in the companys expansion as well as adding new premium products.
Vintage Coffee and Beverages (VCBL) is engaged in the business of manufacturing and exporting instant coffee, instant chicory and a range of other beverages. With a strong foothold in private labeling, it offers bespoke solutions that cater to diverse customers' needs.
The scrip advanced 0.88% to currently trade at Rs 143 on the BSE.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Modi to release 20th instalment of Kisan Nidhi in Kashi on Aug 2
Modi to release 20th instalment of Kisan Nidhi in Kashi on Aug 2

Time of India

timean hour ago

  • Time of India

Modi to release 20th instalment of Kisan Nidhi in Kashi on Aug 2

1 2 Lucknow: UP will account for around 25% of the total small and marginal farmers nationally who will receive the 20th instalment of PM Kisan Samman Nidhi (PMKSN), scheduled to be released by PM Narendra Modi from Varanasi on August 2. The scheme envisages the distribution of Rs 6,000 to identified farmers in three instalments. In all, the centre is scheduled to release a sum of Rs 20,500 crore to be distributed to around 9.7 crore farmers nationally. Of this, 2.3 crore farmers from UP are proposed to benefit from the ambitious scheme, which was rolled out by Modi on Dec 1, 2018. UP agriculture minister Surya Pratap Shahi said that the upcoming instalment was important for the farmers to meet the requirements of farming and irrigation in the ongoing Kharif season. Data show that around 2.38 crore farmers in UP benefited from the scheme in 2024-25. Shahi said that the state govt has been screening the list of beneficiaries on a regular basis for the efficient distribution of the funds amongst the farmers. As a matter of fact, the state govt has decided to make elaborate arrangements to engage farmers virtually at the district, block, and panchayat levels. According to a communique sent to all divisional commissioners and district magistrates, principal secretary (agriculture) Ravinder said that the public representatives (MP, MLA, and MLCs and gram pradhans) should be engaged in the event. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa Prices in Dubai Might Be Lower Than You Think! Villa for sale in Dubai | Search Ads Learn More Undo Progressive farmers too have been asked to attend the event scheduled to be telecast in different locations, including Krishi Vigyan Kendras (KVKs), PM Kisan Samriddhi Kendra, Cooperative and Mandi samitis. Special arrangements are proposed to be made in the case of KVKs, where central and state ministers are expected to reach. The state govt has also sought elaborate arrangements to publicise the govt schemes and how the funds were being directly credited into the accounts of farmers.

SC recalls own order directing liquidation of Bhushan Steel
SC recalls own order directing liquidation of Bhushan Steel

Time of India

timean hour ago

  • Time of India

SC recalls own order directing liquidation of Bhushan Steel

NEW DELHI: In a dramatic yet decisive reversal, Supreme Court Thursday annulled its May 2 judgment ordering liquidation of Bhushan Power and Steel Ltd, which had been revived in 2021 by the Sajjan Jindal-led JSW through a Rs 20,000 crore plan concurrently upheld by NCLT and NCLAT under Insolvency and Bankruptcy Code process. Unabashedly admitting that its earlier decision militated against the settled law on inviolability of the decision of Committee of Creditors, a bench of CJI B R Gavai and Justice Satish Chandra Sharma recalled the verdict and posted the matter for fresh hearing next Thursday. The bench also frowned upon the use of Article 142 by the earlier bench led by Justice Bela M Trivedi, who has since retired, to order liquidation of the revived company despite it being in the pink of health. "Powers of Article 142 are meant to do complete justice and not cause injustice to 25,000 employees," the apex court said Thursday. SC's role in IBC proceedings limited, says CJI In an open court hearing on the review petitions filed by Punjab National Bank, the lead creditor for bankrupt Bhushan Power and Steel Ltd, and JSW, solicitor general Tushar Mehta and senior advocate Neeraj Kishan Kaul told a bench of CJI BR Gavai and Justice Satish Chandra Sharma that IBC proceedings aim to revive sick companies and liquidation is only the last resort. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Mini House for 60 sqm for Seniors with Toilet and Bath (Price May Surprise You) Pre Fabricated Homes | Search Ads Search Now Undo The CJI said he has, as an SC judge, authored many judgments crystallising disparate rulings on IBC proceedings to lay down the cardinal principle that concurrent approval by NCLT and NCLAT of a revival plan accepted by the CoC cannot be interfered with by SC unless the petitioner challlenging it establishes a perversity. The verdict in the Bhushan Steel and Power Ltd case appears to be in the teeth of SC rulings. Mehta said IBC proceedings were followed to the T and it was the decision of the CoC to approve the revival plan of successful resolution professional, which was concurrently upheld by National Company Law Tribunal (NCLT) and the appellate tribunal (NCLAT) leaving little scope for SC interference. "Liquidating a viable and profit-making entity will be in the interest of none and would create many difficulties for the creditors as well as the successful resolution applicant," he argued. Kaul said JSW has infused an additional Rs 8,000 crore apart from the Rs 20,000 crore, and the company is now in robust health nearly tripling its productions. It now employs 25,000 people in the revived plant. On May 26, a bench of Justices B V Nagarathna and Sharma had stayed the liquidation process and ordered status quo after learning that petitions seeking review of the May 2 judgment are pending consideration.

Commercial LPG Cylinder Price Cut By Rs 33.50; New Rates Effective From Today
Commercial LPG Cylinder Price Cut By Rs 33.50; New Rates Effective From Today

NDTV

timean hour ago

  • NDTV

Commercial LPG Cylinder Price Cut By Rs 33.50; New Rates Effective From Today

New Delhi: Oil marketing companies have reduced the price of a 19 kg commercial LPG gas cylinder by Rs 33.50, with the revised rates coming into effect from Thursday. The price cut brings relief to commercial consumers across the country after the latest monthly revision by oil marketing companies. The new prices will come into effect from August 1. In the national capital, the retail price of a 19 kg commercial LPG cylinder will now be Rs 1,631.50. Whereas, there will be no change in the prices of 14.2 KG domestic cylinders.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store