Snacks manufacturer Bikaji Foods International Ltd has reported a 1.3 % increase in consolidated net profit to ₹58.52 crore in the quarter ended in June 30, of this financial year.
The company had posted a consolidated profit of ₹57.77 crore in the April-June quarter a year ago, according to a regulatory filing from Bikaji Foods.
Its revenue from operation was up 14.86% to ₹637.05 crore in the June quarter. It was at ₹554.59 crore a year ago.
Total expenses of Bikaji Foods in the June quarter were up 16.7% to ₹584.09 crore.
Bikaji Foods' total income, which includes other income, was at ₹662.66 crore, up 14.52%
During the quarter, Bikaji Foods had a volume growth (in tonnes) of 7.5 %
Its revenue from Ethnic Snacks segment was up 11.2% and from the Packaged Sweets business (up 3.1 per cent). Its Ethnic Snacks contributed 75.3% of the business.
Bikaji Foods International is India's third largest ethnic snacks manufacturer.
