Bikaji Foods International Limited — Updates, 06-02-2025: Press Release

Bikaji Foods International Limited reported a 14.5% year-on-year revenue increase to ₹7,149 million for the quarter ended December 31, 2024, driven by volume growth of 3%. Despite strong inflationary pressures and unfavorable raw material costs, the EBITDA for the quarter reached ₹555 million, resulting in a margin of 7.8%. Profit After Tax (PAT) stood at ₹278 million, with an EPS of ₹1.14.

For the nine months of FY25, revenue grew by 17.1% year-on-year, totaling ₹20,082 million, with a robust volume growth of 10.9%. EBITDA for this period was ₹2,539 million, reflecting a 12.6% margin. The ethnic snacks segment remains the strongest contributor, constituting 62% of overall revenue. The company also reported achievements in increased market coverage, with ~10,000 outlets added during Q3. With urban consumption showing signs of moderation while rural demand rises, there is a positive outlook for recovery in market demand.

Bikaji has also expanded its operations by incorporating a wholly owned subsidiary and acquiring a hazelnut factory, signaling strategic growth initiatives.