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Annual Report 2025
Shaping a
sustainable future,
today.

Financial
Highlights

For financial year 2025
REVENUE (Rs Bn)
EARNINGS PER SHARE (Rs)
OPERATING PROFIT (RsM)

Overview of
our Activities

AGRO
INDUSTRY

IMPORTS AND
DISTRIBUTION

MANUFACTURING

RETAIL
CHANNELS

Chairperson
and CEO’s Report

FY2024/25 was a year of progress despite persistent external and domestic pressures. The Group delivered improved results, with a modest rise in turnover to reach Rs 6.2 billion while profit for the year grew significantly from Rs 96.7 million to Rs 137.9 million. Earnings per share rose to Rs 2.87 (FY2023/24: Rs 1.77). If we excluded the exceptional loss suffered during the political unrest in Mozambique, the earnings per share for the financial year would have stood at Rs 3.60.

This performance was achieved against a backdrop of rising operational costs, including wage increases, continued freight disruptions, labour shortages, and the extension of government price controls, all of which exerted pressure on margins. Moreover, the growing power of large retailers is making it imperative to establish a more level playing field, with policies and legislation that ensure fair trading terms between producers, distributors and retailers.
Investments across poultry, dairy, feeds and commercial operations are beginning to bear fruit, enhancing capacity, product quality and resilience. At the same time, the Group advanced its sustainability agenda: expanding solar energy generation, reinforcing water and energy efficiency, and embedding ESG metrics into operations. These initiatives are strengthening both long-term competitiveness and alignment with the national transition toward a low-carbon economy.
Looking forward, Innodis remains focused on financial discipline, efficiency, and innovation, while continuing to invest in people, systems and infrastructure. The roll-out of a new Group-wide ERP system and the exploration of emerging digital tools, including Artificial Intelligence, are expected to enhance integration, data-driven decision-making and customer engagement.
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Illuminating the way forward

From renewable energy to cutting edge technology, we are building clear pathways for the future. Every initiative leads toward one destination: a sustainable tomorrow, made real today.

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The horizon of possibility

By investing today in smarter technologies, sustainable practices and bold ideas, we are creating a future where new opportunities thrive and our impact endures across generations.

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Feeding progress with innovation

By modernising our operations, empowering our teams and embracing advanced technology, we are reshaping the way food is produced, delivered and enjoyed.

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Sustainability through strategic partnerships

Through our partnerships with Alteo and GreenYellow, we are expanding renewable energy solutions that reduce our carbon footprint. These collaborations elevate our governance and support long term, purpose driven sustainability

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Corporate Governance Report
Secretary’s Certificate and Statutory Disclosures
Independent Auditors’ Report
Financial Statements
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