Vadilal Industries Limited

27%

ndhi, Chairman and Managing Director, Vadilal Industries Limited s “During Q3, we have delivered ~27% growth in revenues – including 12% growth in the domestic business and 71% growth in the internati

12%

r, Vadilal Industries Limited s “During Q3, we have delivered ~27% growth in revenues – including 12% growth in the domestic business and 71% growth in the international business that continues to exp

71%

g Q3, we have delivered ~27% growth in revenues – including 12% growth in the domestic business and 71% growth in the international business that continues to expand rapidly from a low base. Internation

24%

xpand rapidly from a low base. International revenues in the first nine months of FY19 constituted 24% of the business, compared to only 16% in FY18 when we started expanding aggressively in the US.

16%

tional revenues in the first nine months of FY19 constituted 24% of the business, compared to only 16% in FY18 when we started expanding aggressively in the US. In India, we have continued to expand

rs,

the US. In India, we have continued to expand our distribution presence by adding POS deep freezers, in line with our ongoing commitment to growth. We have also opened up some new markets and territor

35%

ent in 55,000 retail outlets in 26 states across the country. International revenues contributed 35% to the turnover during Q3, and crossed the Rs. 100 crore milestone in the first nine months, drive

Rs. 100 crore

s the country. International revenues contributed 35% to the turnover during Q3, and crossed the Rs. 100 crore milestone in the first nine months, driven by deeper proliferation of Vadilal ice creams and proce

50%

to replicate our success in the US. Margins have continued to expand – gross margin increased to 50% in Q3 compared to 40% in the same quarter last year. On nine month basis, gross margin expanded fr

40%

ess in the US. Margins have continued to expand – gross margin increased to 50% in Q3 compared to 40% in the same quarter last year. On nine month basis, gross margin expanded from 43% to 49%. This wa

43%

Q3 compared to 40% in the same quarter last year. On nine month basis, gross margin expanded from 43% to 49%. This was based on higher contribution from personalized packs to the domestic product mix,

49%

pared to 40% in the same quarter last year. On nine month basis, gross margin expanded from 43% to 49%. This was based on higher contribution from personalized packs to the domestic product mix, higher