Spice Lounge Food Works Ltd (539895)
Spice Lounge Food Works Limited signs strategic MoU with Indian Emulsifiers Ltd for exclusive India offtake, branding and distribution of food-grade emulsifiers; Company estimates ?500 ....
Spice Lounge Food Works signed a non-binding MoU with Indian Emulsifiers Ltd for exclusive India offtake, branding, and distribution of food-grade emulsifiers. The MoU covers approx. 200 MT/month from IEML's new production line for five years post-commissioning. The company estimates a ₹500 crore revenue potential over the first three years, subject to definitive agreement and market conditions. Export market options included. No acquisition or joint venture involved.
Source: Original filing PDF
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🚨 539895 — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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