Mumbai, Jan. 28 -- Profit before tax (PBT) soared 111.79% to Rs 81.56 crore during the quarter. EBITDA grew 77.1% YoY to Rs 98.4 crore with a margin of 12.5% (up by 466 bps YoY) due to favorable raw material prices as compared to base quarter.
Revenue from ethnic snacks grew 13.3% YoY and accounted for around 67.4% of overall revenue. Western snacks recorded strong growth of 22.6% YoY to Rs 58 crore, contributing approximately 8.0% of total revenue. Revenue from papad increased 14.6% YoY to Rs 47.5 crore. Packaged sweets revenue stood at Rs 89.7 crore, declining 17.1% YoY, and accounted for around 12.3% of overall revenue, primarily due to a seasonal shift with Q2 in the current year compared to Q3 last year.
The retail business witness...
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