Prataap Snacks reports revenue decline amid macro challenges

Prataap Snacks Limited reported revenues of INR 4,089.4 million for Q1 FY26, showing 3% sequential growth but a 2.4% year-on-year decline due to macroeconomic challenges affecting lower-income consumption.

Gross profit fell 10.7% to INR 1,174.4 million with margins dropping 265 basis points to 28.6%. EBITDA decreased 40% to INR 180.1 million while profit after tax plunged 93% to INR 6.9 million.

The company expects margin improvement from easing input prices and cost optimization initiatives.