Kellogg India FY22 revenue from operations up 14% to Rs 1,332 cr


PTI | New Delhi | Updated: 14-09-2022 15:14 IST | Created: 14-09-2022 15:05 IST
Kellogg India FY22 revenue from operations up 14% to Rs 1,332 cr
Representative image Image Credit: Twitter(@KelloggCompany)
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Breakfast cereal producer Kellogg India's revenue from operation was up 14.12 percent in 2021-22 to Rs 1,332 crore as compared to the previous year.

Its profit after tax in FY22 jumped 42.94 percent to Rs 102.51 crore as against Rs 71.71 crore a year ago, as per the data provided by business intelligence platform Tofler.

Other income was Rs 20.24 crore in the last fiscal year.

Total revenue was at Rs 1,352.24 crore, up 14.15 percent as compared to Rs 1,184.54 crore a year ago.

Total expenses of Kellogg India, a subsidiary of Kellogg's Company, USA, were also up 13.18 percent to Rs 1,217.18 crore.

The company sells products such as cornflakes, Chocos, energy bars muesli, oats, granola, Froot Loops, and up in the Indian markets.

It received 79.13 percent of turnover in FY22 from the manufacturing of processed foods and 16.11 percent from the trading of goods.

In FY22, FMCG companies witnessed a surge in demand for packaged food products due to hygiene and safety issues after the second wave of the pandemic. Household consumption of packaged and ready-to-eat food had gone up.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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