Westlife Foodworld has announced the appointment of Hrushit Shah as its Chief Financial Officer (CFO), with effect from 9 May 2024. Hrushit will be responsible for overseeing all aspects of financial management and strategy to ensure the company`s financial success. In his new role, Hrushit will work closely with the leadership team to devise effective financial strategies for the company.Prior to joining Westlife Foodworld, Hrushit was Vice President - Finance for Pidilite Indsutries Ltd. In a career spanning over 18 years, he has worked with multiple organizations like the Landmark Group, Godrej Consumer Products Limited, and Marico Limited across various roles. He is a Chartered Accountant (CA) with diverse industry experience across Asia, the Middle East, Africa, and the US. His areas of expertise include multiple aspects of financial management, like strategic planning, budgeting and forecasting, financial controlling, treasury management, and financial analysis.Powered by Capital Market - Live News

Net profit of Westlife Foodworld declined 96.22% to Rs 0.76 crore in the quarter ended March 2024 as against Rs 20.09 crore during the previous quarter ended March 2023. Sales rose 1.64% to Rs 552.70 crore in the quarter ended March 2024 as against Rs 543.80 crore during the previous quarter ended March 2023.For the full year,net profit declined 37.97% to Rs 69.21 crore in the year ended March 2024 as against Rs 111.58 crore during the previous year ended March 2023. Sales rose 4.82% to Rs 2368.22 crore in the year ended March 2024 as against Rs 2259.40 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales552.70543.80 2 2368.222259.40 5 OPM %13.5616.30 -15.6016.56 - PBDT51.9068.93 -25 278.07301.64 -8 PBT1.9527.73 -93 95.84149.45 -36 NP0.7620.09 -96 69.21111.58 -38 Powered by Capital Market - Live News

Westlife Foodworld will hold a meeting of the Board of Directors of the Company on 8 May 2024.Powered by Capital Market - Live News

Net profit of Westlife Foodworld declined 52.60% to Rs 17.24 crore in the quarter ended December 2023 as against Rs 36.37 crore during the previous quarter ended December 2022. Sales declined 2.74% to Rs 592.48 crore in the quarter ended December 2023 as against Rs 609.19 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales592.48609.19 -3 OPM %15.5316.77 - PBDT68.6086.57 -21 PBT23.1048.01 -52 NP17.2436.37 -53 Powered by Capital Market - Live News

Net profit of Westlife Foodworld declined 29.07% to Rs 22.37 crore in the quarter ended September 2023 as against Rs 31.54 crore during the previous quarter ended September 2022. Sales rose 7.12% to Rs 610.82 crore in the quarter ended September 2023 as against Rs 570.23 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales610.82570.23 7 OPM %16.0816.82 - PBDT74.1478.58 -6 PBT30.2141.95 -28 NP22.3731.54 -29 Powered by Capital Market - Live News