Bikaji Foods International Ltd reported a 15.2 per cent year-on-year revenue increase to ₹830.3 crore for the second quarter ended September 30, 2025, driven by strong performance in its packaged sweets segment and export business.
The Bikaner-based ethnic snacks manufacturer posted an adjusted profit after tax of ₹80.8 crore, up 18.1 per cent from the previous year. EBITDA grew 20.1 per cent to ₹128.2 crore, with margins expanding to 15.4 per cent. Volume growth stood at 10.8 per cent during the quarter.
The packaged sweets segment emerged as the key growth driver, recording 32.3 per cent revenue growth and accounting for 19.7 per cent of overall revenue. The company’s export business demonstrated robust momentum with 77.3 per cent growth, reflecting increasing international acceptance of its products.
However, the ethnic snacks segment, which constitutes 59.1 per cent of revenue, grew modestly at 4.6 per cent. Western snacks declined 5.2 per cent during the quarter. Managing Director Deepak Agarwal attributed the slower growth in core categories to temporary distributor de-stocking in September ahead of GST rate rationalisation by the government.
For the first half of FY26, Bikaji reported consolidated revenue of ₹1,483 crore, up 14.8 per cent year-on-year, with profit-after-tax rising 7.9 per cent to ₹136.2 crore. The company expanded its direct retail coverage by approximately 3,000 outlets during Q2.
Agarwal said demand has normalised post-GST transition, with sales momentum showing a healthy uptick.
The shares of Bikaji Foods ended on the NSE today at ₹717.20, up by ₹9.80 or 1.39 per cent.
Published on November 11, 2025
