| Company | Value | Change | %Change |
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Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at ₹555 million, down 26% from last year.
Margins were 425 basis points (4.25%) lower at 7.8% margin, impacted by inflationary pressures and unfavourable raw material prices. Profit after tax (PAT) came in at ₹278 million, down 39.6%, while basic earnings per share (EPS) stood at ₹1.14.
Revenue from the ethnic snacks segment, which contributed 62.1% of total revenue, grew 10.5% YoY. The packaged sweets business saw an 11.2% YoY increase, making up 18.1% of overall revenue. Western snacks revenue remained flat, constituting 6.8%, while the papad segment posted 9.6% YoY growth, contributing 6% of total revenue.For the nine months ended December 31, revenue rose 17.1% YoY to ₹20,082 million, with 10.9% volume growth. EBITDA stood at ₹2,539 million, with a 12.6% margin, while PAT was ₹1,544 million, reflecting a 7.7% margin. Basic EPS for the period stood at ₹6.24.
Bikaji, India’s third-largest ethnic snacks manufacturer, continues to be among the fastest-growing companies in the country’s organised snacks market.
Shares of Bikaji ended 0.5% higher at ₹733 on Thursday.
