Overview
- Consolidated net profit for Q3 FY26 rose 17.14% to Rs 682.14 crore, while revenue from operations grew 8.21% to Rs 4,969.82 crore.
- Total expenses increased 6% to Rs 4,107.59 crore, with total income reaching Rs 5,029.28 crore for the quarter.
- CEO Rakshit Hargave said profits outpaced revenue due to momentum across biscuits and adjacent categories within a relatively steady commodity environment.
- The biscuit business grew about 12% in November and December, supported by sustained media spends and product innovations as price points stabilized following a GST rate cut.
- Shares settled up 0.60% at Rs 5,873.70 on the BSE after the results, then jumped roughly 5% in Wednesday morning trade to above Rs 6,150.