Mrs. Bector's reports resilient growth in Q2 and H1 FY26 despite market challenges

Mrs. Bector's Food Specialities reported an 11.1% year-on-year growth in Q2 FY26, with revenues reaching ₹551.4 crores compared to ₹496.3 crores in Q2 FY25. For H1 FY26, total revenues stood at ₹1,024.4 crores, a 9.5% increase from H1 FY25. Gross profit for Q2 FY26 was ₹243.6 crores (44.2% of revenue), up 3.7% year-on-year.

The bakery segment was a significant growth driver, achieving a 16% year-on-year increase in revenue for Q2 FY26, reaching ₹194 crores. The biscuit segment also grew by 10% compared to Q2 FY25, with revenues of ₹350 crores. Both segments showed strong growth compared to Q2 FY24, with the biscuit segment up 35% and the bakery segment up 38%.

However, EBITDA for Q2 FY26 saw a slight decline of 1.7% year-on-year to ₹69.3 crores, with margins at 12.6%. Profit After Tax (PAT) for Q2 FY26 decreased by 6.2% year-on-year to ₹36.5 crores, resulting in PAT margins of 6.6%. The company attributed challenges in Q2 to destocking from the trade in anticipation of GST 2.0 reforms.