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This Article is From Jul 24, 2024

Bikaji Foods Q1 Results: Profit Rises 40.3%, In Line With Estimates

Bikaji Foods Q1 Results: Profit Rises 40.3%, In Line With Estimates
(Source: Bikaji Foods company website)

Bikaji Foods International Ltd.'s net profit rose 40.3% in the first quarter of fiscal 2025 and was in line with analysts' estimates.

The company's consolidated net profit increased to Rs 58 crore in the quarter-ended June, according to an exchange filing on Wednesday. Analysts tracked by Bloomberg had set a consensus estimate of Rs 57 crore.

Bikaji Foods Q1 FY25 Highlights (Consolidated, YoY)

  • Revenue up 18.7% to Rs 572 crore (Bloomberg estimate: Rs 554 crore).

  • Ebitda up 39% to Rs 91 crore (Bloomberg estimate: Rs 87 crore).

  • Margin at 16% versus 13.6% (Bloomberg estimate: 15.7%).

  • Net profit up 40.3% to Rs 58 crore (Bloomberg estimate: Rs 57 crore).

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