Integrated Industries Ltd Announces New Product Launch by Subsidiary Nurture Well Foods Private Limited

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.