Snacks company Bikaji Foods International reported an 11.26 per cent year-on-year decline in consolidated net profit to Rs 70.78 crore during the quarter ended September 2026.
The company’s net profit was Rs 79.77 crore during the corresponding period last year, according to a regulatory filing.
Revenue from operations went up by 13.07 per cent during the quarter under review to Rs 921.44 crore compared with Rs 814.90 crore in the same period last year.
“We are pleased to have sustained our growth momentum in Q2 and H1 FY27, delivering a strong performance across our core snacking categories. Our ethnic snacks and western snacks businesses witnessed healthy volume and value growth, reflecting the continued strength of the Bikaji brand, evolving consumer preferences and our focused efforts towards deeper market penetration,” Bikaji Foods International Chairman and Managing Director Deepak Agarwal said.
The packaged sweets category is poised to benefit from the festive demand associated with Diwali, which falls in the subsequent quarter this year due to the shift in the festive calendar, he said.
“We remain confident in the category’s growth potential and expect the seasonal demand to reflect in the coming quarter. Our performance reflects the strength of our distribution network, continued investments in brand building, expansion across alternate channels and our focus on product innovation and premiumisation. We continue to strengthen our operational capabilities and enhance manufacturing efficiencies to support our next phase of growth,” said Agarwal.
He said the company remained optimistic about the demand environment and confident of sustaining healthy growth momentum in the second half of the financial year.
“With a strong brand portfolio, expanding distribution reach and continued focus on execution, we are well positioned to capitalise on emerging opportunities and further strengthen Bikaji’s position in India’s organised snacking and packaged foods industry,” he added.
Shares of the company closed at Rs 493.65 apiece on Thursday on the BSE, up 4.27 per cent from the previous close.
PTI
