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Bikaji Foods International Ltd Q1FY24; 150% rise in Profits.

Bikaji Foods International Limited is one of India’s largest fast-moving consumer goods (“FMCG”) brands. The company’s product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies.

Financial Results:

Bikaji Foods International Ltd reported Revenues for Q1FY24 of ₹477.00 Crores up from ₹414.00 Crore year on year, a rise of 15.22%.

Total Expenses for Q1FY24 of ₹426.00 Crores up from ₹394.00 Crores year on year, a rise of 8.12%.

Consolidated Net Profit of ₹45.00 Crores up 150.0% from ₹18.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.79, up 152.11% from ₹0.71 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: FMCG
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