Mumbai (Maharashtra) [India], September 5: Integrated Industries Ltd is thrilled to announce that its material subsidiary, Nurture Well Foods Private Limited, has launched a new range of biscuits, expanding its product portfolio. This exciting development marks a significant milestone for Nurture Well Foods and underscores our commitment to innovation and quality in the food industry.
“We are proud to expand our product range with this new biscuit line,” said Richlite “Bourbon”, Biscuits & Cookies at Nurture Well Foods Private Limited. “This launch is a testament to our ongoing efforts to innovate and meet the evolving needs of our consumers. We believe that these new biscuits will offer a delightful experience for our customers and strengthen our position in the market.”
Highlights:
- The Company has successfully acquired a Running Biscuit Manufacturing Plant with a Capacity of 3400 Metric Tons Per Annum at Neemrana, Rajasthan, in its 100% Wholly Owned Subsidiary M/S Nurture Well Food Private Limited, an FMCG stock trading at the lowest PE of 20 only. The company is Doubling sales with growth of more than 75%, which results in Profit each quarter.
- Best FMCG stock for portfolio investment. Integrated Industries Limited reported earnings results for the first quarter ended June 30, 2024. For the first quarter, the company reported sales were INR 1,400.8 million compared to INR 194.7 million a year ago. Revenue was INR 1,401.4 million compared to INR 194.7 million a year ago.
Nurture Well Foods has always been at the forefront of developing high-quality, nutritious food products. The addition of this biscuit range is a strategic move to diversify the company’s product lineup and enhance its market presence. The company specializes in producing a wide range of food products known for their quality and nutritional value. The company is committed to enhancing consumer well-being through its diverse and innovative product offerings.
M/S Nurture Well Food Private Limited manufactures biscuits & cookies under the brand names RICHLITE, FUNTREAT and CANBERRA at state-of-the-art production facilities in Neemrana, Rajasthan.
RICHLITE biscuits and cookies are available at all major retail outlets in neighbourhoods across North India. The distribution network of RICHFIELD is supported by a large number of super-stockiest distributors who share the brand’s ethos and are brand ambassadors for RICHLITE.