Prataap Snacks gains after Q1 profit more than triples to Rs 2 cr
Mumbai, Aug. 3 -- The company's standalone net profit surged 257.97% year-on-year to Rs 2.47 crore in Q1 FY27, from Rs 0.69 crore in the corresponding quarter last year. Sales from operations increased 19.93% to Rs 490.43 crore
Profit before tax (PBT) climbed 222.12% to Rs 3.35 crore in Q1 FY27 compared with Rs 1.04 crore posted in Q1 FY26.
Operating EBITDA rose 5.76% year-on-year to Rs 19.04 crore in Q1 FY27. However, the EBITDA margin declined to 3.9% from 4.4% a year ago. The company said it mitigated a significant portion of the cost inflation through price and grammage revisions, productivity improvements and strict cost control measures.
Amit Kumat - MD, Prataap Snacks said, "The quarter marks a return to our long-term growth tra...
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