Prataap Snacks Limited — Earnings Release 2025

Jan 27, 2025

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Ref. No.: PSL/2024-25/CS/SE/58 Date: 27[th] January, 2025

To, To, Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5[th] Floor, P.J. Towers, Plot No. C/1, G Block, Dalal Street, Bandra Kurla Complex, Mumbai - 400 001 Bandra (E), Mumbai - 400 051 Security Code: 540724 Symbol: DIAMONDYD Security ID: DIAMONDYD

Subject: Press Release on Unaudited Financial Results for the quarter and nine months ended 31[st] December, 2024

Dear Sir/Madam,

Please find enclosed herewith Press Release on Unaudited Financial Results of the Company for the quarter and nine months ended 31[st] December, 2024.

This is for your information and record.

Thanking you,

Yours faithfully,

For Prataap Snacks Limited Digitally signed by Parag Gupta DN: c=IN, st=Madhya Pradesh, 2.5.4.20=6c5ff649d7fe5add57cb61d4b7f0915305ac14d Parag 3c1ef7eeca155c06b901d901a, postalCode=452005, street=Indore, pseudonym=d43cb9cd0dba03669019905f07308bff, serialNumber=810ecfc4ca47eb0f8cb8393fe440cd9d2b a96d15159d22cf53476b295a49b151, o=Personal, Gupta cn=Parag Gupta Date: 2025.01.27 21:46:49 +05'30' Parag Gupta

Company Secretary and Compliance Officer

Encl.: As above

Prataap Snacks Limited

CIN: L15311MP2009PLC021746

Registered Office : Khasra No. 378/2, Nemawar Road, Near Makrand House, Palda, Indore, Madhya Pradesh - 452 020, India Telephone : 91-731-2439999 E-mail : info@yellowdiamond.in Website : www.yellowdiamond.in

Prataa Snacks Limited PSL p ( )

REPORTS Q3 & 9M FY25 RESULTS 9M FY25 INCOME FROM OPERATIONS HIGHER BY 6.3% YOY, 9M FY25 EBITDA AT RS. 437.7 MN,

Q3 FY25 INCOME FROM OPERATIONS HIGHER BY 9.0% YOY, EXCEPTIONAL LOSS OF RS. 343.4 MN DUE TO FIRE

Indore, January 27, 2025: Prataap Snacks Ltd. (PSL), (BSE- 540724), (NSE- DIAMONDYD) a leading Indian Snacks Food Company has announced its financial results for the quarter and nine months ended 31[st] December 2024:

In Q3 FY25, PSL reported:

• Income from operations of Rs. 4,426.9 million

• Operating EBITDA of Rs. (54.2) million

• PAT* of Rs. (147.3) million

• EPS* (Diluted) stood at Rs. (6.17) per share

In 9M FY25, PSL reported:

• Income from operations of Rs. 13,005.6 million

• Operating EBITDA of Rs. 437.7 million

• PAT* of Rs. (46.2) million

• EPS* (Diluted) stood at Rs. (1.94) per share

*PAT and EPS are after giving effect to post tax exceptional loss of Rs. 232 mn for Q3FY25 and Rs. 177.2 Mn for 9MFY25.

Commenting on the Q3 & 9M FY25 performance, Mr. Amit Kumat – MD, Prataap Snacks Limited said.

“In a backdrop of persistent inflationary trends and sluggish consumer demand, we are pleased to report revenue growth of 9% on YoY basis. There has been improved demand in rural markets, even as urban markets remained subdued. Sales growth has been driven by a combination of expansion into new touchpoints as well as initiatives to optimize sales efforts at existing touchpoints and territories through enhanced efficiencies. Additionally, we formally commenced exports in Q3 with the shipment of initial batches.

The third quarter witnessed continued increase in raw material prices, as anticipated, particularly for key ingredients such as palm oil and potato. Apart from the price rise, the reinstatement of import duties on crude and refined palm oil has contributed to the sharp increase in raw material costs in the current quarter. To mitigate these challenges, we implemented several measures, including recipe adjustments, process reengineering, grammage & trade margin optimization which have helped to partially offset the impact of rising costs. We have also recognized an exceptional loss this quarter, due to the fire at our Jammu facility. However, we maintained operational continuity at proximate markets by ramping up production at our Hisar and Karnal facilities.

Our focus will be to drive topline growth through implementation of measures such as distribution expansion, range selling and Sales Force Automation with emphasis on regions where we enjoy a strong market share. We are undertaking efforts to enrich margins in a structural manner by aggressively optimising costs, introducing products to aid premiumization and driving growth in exports. We are confident that the combination of these measures will help us to realise accretive value in the quarters ahead.”

–ENDS–

About Prataap Snacks Ltd

Prataap Snacks Limited (PSL) is a leading Indian Snacks Food Company. It offers multiple variants of products across categories of Potato Chips, Extruded Snacks, Namkeen (traditional Indian snacks) and Cakes under the popular and vibrant Yellow Diamond and Avadh brands. PSL is focused on offering deep value to consumers through a variety of pack sizes at attractive price points. Its products are present across 27 states and 4 union territories in India, and it is one of the fastest growing companies in the organized snacks industry.

Headquartered in Indore, India; PSL operates 16 manufacturing facilities of which 8 facilities (Indore 1&2, Assam, Bengaluru, Jammu, Kolkata and Rajkot 1&2) are owned and 8 facilities (Kolkata, Jharkhand, Hyderabad, Kanpur, Karnal, Patna, Hissar and Nalbari) are on contract manufacturing basis. Its distribution network includes more than 5,200 super/sub distributors allowing it extensive reach across the country. PSL has a wide presence that is equally spread in metro cities and urban clusters as well as in rural areas and Tier 2 and 3 cities and towns. Its products are available at independent grocers and small retail stores in the lanes and bylanes of its key markets and it is now building up its presence in modern trade outlets and quick commerce platforms.

Led by an able and experienced leadership and guided by an accomplished Board of Directors, PSL is a socially responsible corporate citizen with a strong focus on Corporate Governance and Internal controls. PSL is listed on the Bombay Stock Exchange (BSE:540724) and National Stock Exchange (NSE:DIAMONDYD) in India.

For further information please contact:

Sumit Sharma Prataap Snacks Limited Email: sumit@yellowdiamond.in

Disclaimer

Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Prataap Snacks Limited (PSL) will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward looking statements to reflect subsequent events or circumstances.