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Bikaji Foods International Ltd Q2FY24; 42% 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 Q2FY24 of ₹598.00 Crores up from ₹570.00 Crore year on year, a rise of 4.91%.

Total Expenses for Q2FY24 of ₹526.00 Crores up from ₹517.00 Crores year on year, a rise of 1.74%.

Consolidated Net Profit of ₹61.00 Crores up 41.86% from ₹43.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.45, up 40.80% from ₹1.74 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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