Mumbai, Feb. 7 -- Profit before tax (PBT) increased 2.7% YoY to Rs 778.38 crore in Q3 FY25.

Total expenses increased 9.32% to Rs 3,874.65 crore in Q3 FY25 as compared with Rs 3,544.42 crore in Q3 FY24. Cost of material consumed stood at Rs 2,629.90 crore (up 23.53% YoY), employee benefit expenses was at Rs 105.85 crore (up 46.66% YoY) and finance cost stood at 44.56 crore (up 43.33%YoY) during the period under review.

Varun Berry, vice chairman & managing director, said, "Despite the ongoing subdued demand across FMCG categories and increased competitive pressures, we achieved a strong performance, with both value and volume growing about 6% each on a year-on-year basis. The inflation on key input materials of Wheat, Palm Oil, Cocoa etc...