Fruit drink manufacturing company, Manpasand Beverages LTD has reported a profit of Rs 4.92 core for its Q3 earnings which ended in December. This is a major achievement when compared to the reports of their loss of Rs 2.59 crore in their Q3 earnings in 2014.
About Manpasand Beverages
Even if you haven’t heard about Manpasand Beverages, we’ll bet you’ve heard about their products; Mango Sip, Fruits Up – which focuses on carbonated fruit drinks and Manpasand ORS, which focuses on energy replenishing fruit drinks.
Make In India and Moving Ahead
In the recent Make In India exhibition held in Mumbai, Manpasand Beverages showcased its ‘Fruits Up’ drinks which seek to replace carbonated sodas with healthier carbonated drinks with fruit bases. These carbonated drinks are available in grape, orange and lemon flavours and have 5-10% of real fruit juice.
— Manpasand Beverages (@ManpasandLtd) February 18, 2016
Parallelly, after reporting their profits, Dhirendra Singh, the CMD of Manpasand Beverages said, “Expansion plans including setting up of a new manufacturing facility in Haryana and modernisation of Vadodara and Varanasi facilities are completed. During the quarter, company entered into a tie up with German wholesale retail and trading major, METRO Cash & Carry and is exploring more such tie-ups to increase its urban market penetration.”