The net profit has grown 1.3 per cent to Rs 58.52 crore in the recently concluded quarter
Packaged foods maker Bikaji Foods International has seen 14.2 per cent growth in its revenue from operations for the first quarter of the current financial year (Q1FY26). The revenue rose to Rs 652.66 crore in Q1FY26 from Rs 571.63 crore in Q1FY25.
The financial results of the company revealed that the net profit grew 1.3 per cent to Rs 58.52 crore in the recently concluded quarter from Rs 57.77 crore in the corresponding period of the previous fiscal year (Q1FY25). The total expenses for the quarter also rose to Rs 584.09 crore as compared to Rs 500.55 crore in Q1FY25, the company said in a regulatory filing.
“Demand remained healthy across all product categories, reinforcing the brand’s strong positioning and appeal. Exports grew by 60.8 per cent, driven by an increased presence of our products across various countries. Further, to mitigate inflationary pressures and improve margins, the company undertook strategic initiatives including selective price hikes and cost efficiency programs,” stated Deepak Agarwal, Managing Director, Bikaji Foods International.
Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) stood at Rs 96.3 crore during the quarter, marking a growth of 5.1 per cent. The margin was 14.8 per cent, down 128 basis points on a year-on-year basis.
As far as the segment-wise performance is concerned, the ethnic snacks revenue grew by 11.2 per cent YoY. This segment constitutes around 75.3 per cent of overall revenue, the company emphasised. The packaged sweets revenue was up 3.1 per cent YoY during the quarter and the western snacks saw the revenue uptick of 4.2 per cent YoY.
