Integrated Industries Ltd announces exciting new product launch by its subsidiary Nurture Well Foods Private Limited
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Integrated Industries Ltd announces exciting new product launch by its subsidiary Nurture Well Foods Private Limited

PNN

Mumbai (Maharashtra) (India), September 5: Integrated Industries Ltd is delighted to announce that its subsidiary Nurture Well Foods Private Limited has launched a new range of cookies, thereby expanding its product portfolio. This exciting development marks a significant milestone for Nurture Well Foods and underlines our commitment to innovation and quality in the food industry.

“We are proud to expand our product offering with this new line of cookies,” said Richlite “Bourbon”, Biscuits & Cookies, Nurture Well Foods Private Limited. “This launch is a testament to our continuous efforts to innovate and meet the evolving needs of our consumers. We believe that these new cookies will provide our customers with a great experience and strengthen our position in the market.”

Overview of the most important events:

– The Company has successfully acquired an operational 3400 Mtpa biscuit manufacturing facility at Neemrana, Rajasthan under its wholly owned subsidiary M/S Nurture Well Food Private Limited, an FMCG stock trading at the lowest P/E ratio of just 20. The Company is doubling its sales with a growth of over 75%, translating into profit every quarter.

– Best FMCG Stock for Portfolio Investment. Integrated Industries Limited has announced its earnings results for the first quarter ended June 30, 2024. During the first quarter, the company reported sales of INR 1400.8 Mn as against INR 194.7 Mn a year ago. Revenue stood at INR 1401.4 Mn as against INR 194.7 Mn a year ago.

Nurture Well Foods has always been at the forefront of developing high-quality, nutritious food products. The addition of this range of cookies is a strategic move to diversify the company’s product offering and increase 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 improving consumer well-being through its diverse and innovative product offering.

M/S Nurture Well Food Private Limited manufactures cookies and biscuits under the RICHLITE, FUNTREAT and CANBERRA brand names at its state-of-the-art manufacturing facilities in Neemrana, Rajasthan.

RICHLITE Biscuits and Cookies are available in all major retail outlets in districts across North India. RICHFIELD’s distribution network is supported by a large number of super stockists and distributors who share the brand ethos and are RICHLITE brand ambassadors.

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First published: 05.09.2024 | 19:30 IST