Packaged Foods company Mrs. Bectors Food Specialities announced Q1FY25 results:
- Biscuit segment revenue Q1FY25 stood at Rs 273 crore against Rs 223 crore in Q1FY24, thus registered a growth of 23% compared to Q1FY24 including domestic & export biscuit segment. Biscuit segment has grown by 53% as compared to Q1FY23
- Bakery segment revenue Q1FY25 stood at Rs 154 crore against Rs 135 crore in Q1FY24, thus registered a growth of 14% compared to Q1FY24 including retail bakery and institutional segment. Bakery segment has grown by 44% as compared to Q1FY23
Commenting on the Results, Anoop Bector, Managing Director said, I am pleased to announce that we have achieved an impressive 17% year-over-year revenue growth, along with a strong 48% gross margin. Our strategic emphasis on premiumization and strong branding has positioned us to capture a greater market share.
To reinforce our market position, we are dedicated to broadening our reach and enhancing our distribution network. We plan to extend our market presence by entering new regions and optimizing our distribution channels, ensuring our products are easily accessible to consumers across a wide range of locations.