New Delhi, Sept. 30 -- ITC has completed its acquisition of Yoga Bar by buying the remaining 52.5% stake in its parent company, Sproutlife Foods, for about Rs.645 crore. The move has taken ITC's cumulative investment in the health and nutrition brand to approximately Rs.900 crore, including Rs.255 crore invested in earlier tranches, according to IndMoney's calculation.

The acquisition comes as ITC, whose businesses include cigarettes, continues to expand its FMCG portfolio through newer consumer brands. In its FY26 results, ITC said its digital-first and organic portfolio, comprising Yoga Bar, 24 Mantra, Mother Sparsh and Prasuma & Meatigo, grew about 60% during the year and crossed an annual revenue run rate of Rs.1,350 crore.

ITC said...