The company which owns brands like Frooti, Appy and Bailley has seen a 5 per cent uptick in its revenue
Marking a healthy improvement in its performance, Parle Agro has registered a multifold increase in its consolidated net profit in the financial year 2025 (FY25). The company’s net profit rose to Rs 115.38 crore, news agency PTI reported.
The report noted that the company which owns brands like Frooti, Appy and Bailley has seen a 5 per cent uptick in its revenue, which rose to Rs 3,284.13 crore. The total income rose to Rs 3,370.14 crore, clocking a growth of 5 per cent on a year-on-year (YoY) basis. The report added that the company’s net profit was Rs 17.3 crore in FY24.
The company’s revenue from domestic sales was Rs 3,214.27 crore and exports stood at Rs 30.07 crore during the previous financial year. Total expenses were up by 0.8 per cent at Rs 3,221.39 crore in FY25, the report pointed out.
In a separate development in the beverages space, Stepping up its expansion across the African market, Varun Beverages, PepsiCo’s largest franchise bottler outside the United States, said on Sunday it will acquire South Africa-based non-alcoholic beverage maker Twizza in an all-cash deal valued at ZAR 2.095 billion (Rs 1118.7 crore), .
The acquisition will be carried out through Varun Beverages’ South African subsidiary, The Beverages Company Proprietary (BevCo), and involves the purchase of 100 per cent of Twizza’s share capital, the company said in a regulatory filing.
