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Britannia Tops Charts as Indian Biscuit Market Booms
18 Jan
Summary
- Parle Products revenue grew 8.5% to ₹15,568.49 crore in FY25, but profit slipped.
- Britannia Industries leads as the largest biscuit company with ₹17,942.67 crore revenue.
- India's biscuit market is projected to reach ₹1.64 lakh crore by 2030.
In the fiscal year ending March 31, 2025, Parle Products recorded an operational revenue increase of 8.5%, reaching ₹15,568.49 crore. However, its profit saw a substantial decrease of 39%, settling at ₹979.53 crore. This performance contrasts with Britannia Industries, which solidified its position as the country's largest biscuit and confectionery company, reporting consolidated revenue from operations of ₹17,942.67 crore for the same period.
The broader Indian biscuit market is exhibiting strong upward momentum. Currently valued at ₹1.16 lakh crore, it is forecast to grow at a compound annual growth rate of 6.8%. Industry experts anticipate the market to expand to ₹1.64 lakh crore by 2030, reflecting increasing consumer spending and evolving tastes. Both established players like Parle and Britannia, along with emerging competitors such as ITC, are vying for market share.
