Hot Pursuit     01-Jul-24
Manorama Inds edges higher after new fractionation plant commences operations
Manorama Industries added 2.41% to Rs 648.10 after the company announced the commencement of commercial production from its new fractionation plant which has a capacity of 25,000-tonnes per annum (TPA).
With this new addition, the company’s total fractionation input capacity now stands at 40,000 TPA.

The added fractionation capacity strengthens the company’s global proposition in manufacturing of cocoa butter equivalent (CBE), exotic speciality fats & butters. It would enable the company to significantly enhance its top line and profitability for the coming years.

Ashish Saraf, President of Manorama Industries, expressed his satisfaction with the successful launch of the new facility. He stated, “We are delighted to announce the start of commercial operations at our new fractionation plant, which has an annual production capacity of 25,000 tonnes.

With this capacity enhancement, our revenues may significantly all things going good may increase to approximately Rs 675 – Rs 700 crore for FY25.”

Manorama Industries (MIL) is a global pioneer in manufacturing speciality fats & butters and exotic products. The Company has carved a niche in manufacturing Sal CBE & Stearin, Shea CBE & Stearin, Mango CBE & Stearin and other exotic fats & butter. MIL offers customized solutions to Fortune 500 companies in chocolate, confectionery and cosmetic industry

Previous News
  Manorama Inds edges higher after new fractionation plant commences operations
 ( Hot Pursuit - 01-Jul-24   10:18 )
  Manorama Industries to hold board meeting
 ( Corporate News - 01-Nov-23   17:14 )
  Manorama Inds rallies on commissioning new 25k TPA plant
 ( Hot Pursuit - 12-Apr-24   11:02 )
  Manorama begins commissioning of new 25,000 TPA fractionation plant
 ( Corporate News - 12-Apr-24   10:08 )
  Manorama Industries standalone net profit rises 109.20% in the March 2022 quarter
 ( Results - Announcements 12-May-22   08:05 )
  Manorama Industries standalone net profit rises 25.00% in the March 2024 quarter
 ( Results - Announcements 18-May-24   08:27 )
  Manorama Industries schedules board meeting
 ( Corporate News - 23-Jan-23   12:13 )
  Manorama Industries to table results
 ( Corporate News - 25-Jul-23   12:13 )
  Manorama Industries standalone net profit rises 3.91% in the December 2023 quarter
 ( Results - Announcements 12-Feb-24   07:44 )
  Indices trade with deep cuts; media shares decline
 ( Market Commentary - Mid-Session 12-Apr-24   14:39 )
  Manorama Industries standalone net profit rises 44.14% in the September 2021 quarter
 ( Results - Announcements 02-Nov-21   08:19 )
Other Stories
  Piramal Ent board OKs raising Rs 180-cr via NCDs
  03-Jul-24   08:49
  Patanjali Foods to buy Patanjali Ayurved's non-food biz for Rs 1,100 cr
  02-Jul-24   15:43
  Gandhar Oil climbs as arm bags order from ADNOC
  02-Jul-24   15:27
  Angel One Ltd leads losers in 'A' group
  02-Jul-24   15:00
  Adani Ports June cargo volumes rises 12% YoY
  02-Jul-24   14:53
  NSE SME Petro Carbon and Chemical surge in upbeat market debut
  02-Jul-24   14:52
  Hilton Metal Forging Ltd leads losers in 'B' group
  02-Jul-24   14:45
  Volumes spurt at Angel One Ltd counter
  02-Jul-24   14:30
  Allcargo Gati raises Rs 169 cr via QIP
  02-Jul-24   14:25
  Anant Raj rises for second day; adds over 58% in six months
  02-Jul-24   14:15
Back Top