Lotus Chocolate Company Ltd

The key equity indices traded with modest gains in early afternoon trade, as investors viewed the recent correction as excessive. Positive sentiment was further supported by gains in markets across mainland China, South Korea, and Hong Kong, which helped boost domestic investor confidence. The Nifty traded above the 23,150 mark. Auto shares advanced after declining in past seven consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex, gained 231.05 points or 0.30% to 76,768.28. The Nifty 50 index added 83.10 points or 0.36% to 23,169.05. The broader market outperformed the headline indices. The S&P BSE Mid-Cap index rallied 1.51% and the S&P BSE Small-Cap index gained 1.13%. The market breadth was strong. On the BSE, 2,712 shares rose and 1,114 shares fell. A total of 124 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 2.01% to 15.68. The Nifty 30 January 2025 futures were trading at 23,241, at a premium of 71.95 points as compared with the spot at 23,169.05. The Nifty option chain for the 30 January 2025 expiry showed maximum Call OI of 53.6 lakh contracts at the 24,000 strike price. Maximum Put OI of 43.7 lakh contracts was seen at 23,000 strike price. Buzzing Index: The Nifty Auto index rallied 1.92% to 22,811.40. The index declined 6.80% in seven consecutive trading sessions. Adani Enterprises (up 7.85%), NMDC (up 4.95%), Steel Authority of India (up 4.95%), Jindal Steel & Power (up 4.78%), Hindustan Zinc (up 4.22%), Vedanta (up 4.1%), Hindalco Industries (up 3.92%), National Aluminium Company (up 3.65%), APL Apollo Tubes (up 3.56%) and Jindal Stainless (up 2.98%) advanced. Stocks in Spotlight: Lotus Chocolate Company was locked in lower circuit of 5% after the company's standalone net profit dropped 29% to Rs 3.72 crore in Q3 FY25 as against Rs 5.24 crore posted in Q2 FY25. However, revenue from operations rose 14.34% quarter on quarter (QoQ) to Rs 146.69 crore in the quarter ended 31 December 2024. Tata Communications rallied 2.98% after the company informed that it has strengthened its partnership with JLR to deliver smarter, data-driven connected cars, which are expected to hit the roads in 2026. Indobell Insulations hit an upper circuit of 5% after the company has secured an order for supply and application of hot lagging worth Rs 11.01 crore from Cochin Shipyard. Powered by Capital Market - Live

However, revenue from operations rose 14.34% quarter on quarter (QoQ) to Rs 146.69 crore in the quarter ended 31 December 2024. On a year-on-year (YoY) basis, the company's net profit soared by 520%, increasing from Rs 0.60 crore in Q3 FY24. Revenue from operations surged by 182.6% YoY, rising from Rs 51.90 crore in Q3 FY24. Profit before tax was at Rs 3.69 crore during the quarter, down 47.5% QoQ and up 596.2% YoY. Total expenses stood at Rs 143.44 crore in the third quarter of FY25 (up 18.11% QoQ and up 177.1% YoY). Cost of material consumed stood at Rs 173.33 crore (up 45.7% QoQ and up 286.8% YoY) and employee benefit expenses were at Rs 4.67 crore (up 10.6% QoQ and up 81% YoY) during the period under review. On a nine-month basis, the company's net profit stood at Rs 15.81 crore in 9M FY25, steeply higher than Rs 1.05 crore posted in 9M FY24. Revenue from operations was at Rs 416.30 crore in 9M FY25, registering a growth of 210.2% year on year. Lotus Chocolate Company manufactures the finest chocolates, cocoa products, and cocoa derivatives. Its products are supplied to chocolate makers and chocolate users across the world, from local bakeries to multinational companies. It is owned by Reliance Consumer Products (RCPL), which is the FMCG arm and a wholly owned subsidiary of Reliance Retail Ventures (RRVL), which is a subsidiary of Reliance Industries (RIL). Powered by Capital Market - Live

Net profit of Lotus Chocolate Company rose 520.00% to Rs 3.72 crore in the quarter ended December 2024 as against Rs 0.60 crore during the previous quarter ended December 2023. Sales rose 182.64% to Rs 146.69 crore in the quarter ended December 2024 as against Rs 51.90 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales146.6951.90 183 OPM %3.991.60 - PBDT4.170.78 435 PBT3.700.52 612 NP3.720.60 520 Powered by Capital Market - Live

Lotus Chocolate Company will hold a meeting of the Board of Directors of the Company on 13 January 2025.Powered by Capital Market - Live

Net profit of Lotus Chocolate Company rose 5722.22% to Rs 5.24 crore in the quarter ended September 2024 as against Rs 0.09 crore during the previous quarter ended September 2023. Sales rose 166.83% to Rs 128.29 crore in the quarter ended September 2024 as against Rs 48.08 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales128.2948.08 167 OPM %6.630.15 - PBDT7.310.35 1989 PBT7.030.05 13960 NP5.240.09 5722 Powered by Capital Market - Live

Lotus Chocolate Company will hold a meeting of the Board of Directors of the Company on 9 October 2024.Powered by Capital Market - Live

Lotus Chocolate Company announced that the 35th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live