Mondelez India FY22 net profit falls 2.3pc to Rs 977.9 crore; sales increased by 15.9 pc, up to 9,242 million | Job Binary


Mondelez India Foods’ confectionery net profit fell 2.33 percent to Rs 977.91 crore in FY22, while revenue from operations/sales rose 15.89 percent to Rs 9,242.05 crore, according to business intelligence platform Tofler according to financial data.

Mondelez India Foods Private Ltd, which owns flagship brands like Cadbury Dairy Milk, 5 Star and Gems, reported a net profit of Rs 1,001.34 crore and revenue of Rs 7,974.61 crore for the year ended March 31, 2021.

Its total revenue also rose 15.64 percent to Rs 9,296.02 crore in the fiscal year ended March 31, 2022. 8,038.10 crore in FY21.

Mondelez India Foods’ revenue from other income fell 14.99 percent to Rs 53.97 crore in FY22.

The total expenditure for FY22 was Rs 7,970.77 crore.

Mondelez India also offers Bournvita brand malt beverages and Tang brand powdered beverages.

It also sells biscuits under the Oreo and Bournvita brands and sweets under the Halls and Chocolairs brand.

Mondelez India Foods, formerly known as Cadbury India, is part of Mondel─ôz International Inc.

(This story was not edited by Devdiscourse staff and was automatically generated from a syndicated feed.)



Source link