India's Bikaji Foods slides most in over 3 months after sluggish Q1 profit growth
06/08/2026 07:16
BUZZ-India's Bikaji Foods slides most in over 3 months after sluggish Q1 profit growth ** Shares of Bikaji Foods International BIKA.NS fall 3.44% to 627.9 rupees, their sharpest fall since April 24
** Ethnic snacks maker's Q1 PAT was largely flat Y/Y despite 12.5% revenue growth, as higher material costs, amid persistent raw material inflation, limited earnings growth
** Marks its weakest quarterly profit growth in at least 13 quarters
** Over 196,000 shares traded, 1.8x the 30-day avg
** Stock down 16.3% YTD
(Reporting by Aleef Jahan in Bengaluru)
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