Net sales grew by 27.33% during the period, reaching $845 million, compared to $664 million in 2012-13.
The earnings before interest, depreciation, taxes, and amortization (EBIDTA) margin for 2013-14 was 5.94%, slightly up from 5.70% in the previous year.
“Despite inflation, we managed to report strong results with positive cash flow from our operations in India. This was thanks to our fresh dairy products and adjusting to rising input costs,” commented Sidhant Gupta, Executive Director of Kwality Ltd., on the company’s performance.
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