Bikaji Foods Expects Limited Impact On Discretionary Spending Despite Rural Headwinds: Rishabh Jain

Manoj Verma, COO and Rishabh Jain, CFO of Bikaji Foods International told NDTV Profit that commodity prices are showing signs of cooling, providing some relief on the cost front. However, the company remains watchful of a possible drought-led impact on rural demand. Verma noted that discretionary consumption continues to remain resilient, though elevated dry fruit prices have weighed on the premium portfolio. He added that consumers are increasingly shifting toward sweets from dry fruits, supporting demand in key categories despite broader consumption concerns.