GRM Overseas, through its subsidiary GRM Foodkraft, one of the leading players in the India`s FMCG sector, announced a transformative milestone for its domestic brand �10X�, unveiling a refreshed brand identity including innovative redesigned packaging and a CGI-led video campaign featuring the Bollywood Icon Salman Khan. The campaign has generated considerable excitement on digital channels, underscoring the brand`s commitment to quality and innovation, while aligning with the goal of attracting contemporary customers. The newly packaged products have already entered the markets and have received remarkable initial feedback from the market. GRM signed Salman Khan as the brand ambassador earlier this year and the strategic partnership will enable GRM to leverage the actor`s iconic status globally to strengthen its brand presence and connect with customers around the world. Powered by Capital Market - Live News

Net profit of GRM Overseas rose 38.82% to Rs 9.19 crore in the quarter ended September 2024 as against Rs 6.62 crore during the previous quarter ended September 2023. Sales rose 54.90% to Rs 315.49 crore in the quarter ended September 2024 as against Rs 203.67 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales315.49203.67 55 OPM %3.543.88 - PBDT13.4510.53 28 PBT12.669.66 31 NP9.196.62 39 Powered by Capital Market - Live News

GRM Overseas will hold a meeting of the Board of Directors of the Company on 13 November 2024Powered by Capital Market - Live News

GRM Overseas announced that the 30th Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live News

GRM Overseas announced a significant strategic investment in Swmabhan Commerce, the parent company of the digital-first coffee brand, Rage Coffee. GRM Overseas has acquired a 44% equity stake through a combination of primary infusion and secondary buyouts, marking a major step forward in its expansion into the fast-growing Indian coffee market.Rage Coffee, co-owned by Bharat Sethi, Sixth Sense Ventures, and prominent figures such as cricketer Virat Kohli and actor Rannvijay Singha, has rapidly become a favourite among new-age consumers. Known for its innovative in-house blending processes and patented packaging, the brand offers a wide range of coffee products,including instant coffee in freeze-dried, spray-dried, and agglomerated forms, as well as whole beans, ground coffee, and ready-to-drink beverages.Rage Coffee`s robust omnichannel distribution network spans D2C platforms, leading e-commerce and quick commerce marketplaces, over 1,000 HoReCa outlets, and more than 5,000 general trade and modern retail touchpoints across India.Powered by Capital Market - Live News