Bikaji Foods reports 15% revenue growth, launches Nepal venture

Bikaji Foods International Limited reported consolidated revenue growth of 15% for Q1 FY26, with gross margin reaching 35%. Volume growth was 7.5%, led by ethnic snacks which grew 11.2%.

The company announced a joint venture in Nepal with CG Group, targeting INR 50 crores in revenue within two years by leveraging CG's distribution network.

Bikaji Bakes, the company's wholly-owned subsidiary, plans significant expansion focusing on e-commerce and bakery items. The company expects 9-10% volume growth for the remainder of the year.