Bikaji Foods International Ltd. has announced its results for FY24

05 September 2024

• Revenue - In FY24, the company's revenue grew by 19%, rising from Rs. 1,966 cr in FY23 to Rs. 2,329 cr, driven by increased sales of both finished and traded goods within and outside India. Additionally, the PAT saw a remarkable 94% increase, going from Rs. 136 cr in FY23 to Rs. 263 cr in FY24. This significant growth led to a 93% rise in the company's EPS, which increased from Rs. 6 in FY23 to Rs. 11 in FY24.
• Financial position - The company's total asset base grew by 21%, rising from Rs. 1,272 cr in FY23 to Rs. 1,534 cr in FY24. Additionally, its total equity increased by 27%, moving from Rs. 954 cr in FY23 to Rs. 1,216 cr in FY24.
• Future Prospects - The company's leadership is focused on setting new benchmarks by embracing technological advancements and continuous process improvements. Their robust marketing strategy has significantly enhanced brand visibility, allowing them to penetrate new markets. By setting up new production lines and state-of-the-art manufacturing facilities in Rajasthan, Chhattisgarh, and Bihar, the company is positioned to accelerate future growth while building a unique identity in the market.
  

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