Mrs Bectors Food Specialities has reported 86 per cent growth. Its profit after tax was at Rs. 21 crore during the October to December quarter from Rs 11 crore in Q3 FY20.
Earnings before interest, taxes, depreciation and amortization (EBITDA) grew by 40 per cent to Rs 40 crore from 28 crore.
“The festives helped to create a positive sentiment among consumers across India despite Covid-19 during the last quarter,” said Managing Director Anoop Bector.
The company witnessed double-digit growth in its biscuits segment backed by strong demand in both domestic as well as exports market. The branded breads and bakery products also saw an increased level of demand with the change in dietary habits and lifestyle behaviors during COVID-19.
