Board Meeting Details

The meeting commenced at 12:00 Hrs IST and concluded at 13:30 Hrs IST on 7th August, 2026.

Key Decisions Approved

1. Management Change

  • Change in designation of Mr. Parveen Kumar Goel (DIN: 00007297) from Whole-time Director and Chief Financial Officer (CFO) to Whole-time Director.
  • Appointment of Mr. Anshul Rastogi as Chief Financial Officer (CFO) of the company effective 07.08.2026.

Mr. Anshul Rastogi Profile (as per Annexure A):

  • Has close to two decades of experience in finance across controllership, business partnering and strategic planning
  • Previously worked with global Fortune 500 companies in multi-market environments
  • Prior role: Chief Financial Officer at RAK Ceramics India Pvt Ltd
  • Also worked with multinational consumer companies including Versuni, Philips and General Mills
  • Chartered Accountant by profession
  • Emphasis on building capable finance teams and data-driven business decisions
  • No disclosure of relationships between directors (marked as Not Applicable)

2. Financial Results Approval

  • Unaudited consolidated financial results for the quarter ended June 30, 2026 along with limited review report by M/s Walker Chandiok & Co LLP
  • Unaudited standalone financial results for the quarter ended June 30, 2026 along with limited review report by M/s Walker Chandiok & Co LLP

3. Annual General Meeting

  • 31st Annual General Meeting scheduled for Friday, 18th September, 2026 at 11:00 A.M.
  • Meeting to be held through Video Conferencing (VC)/Other Audio Visual Means (OAVM)

Consolidated Financial Results (Quarter ended June 30, 2026)

Financial Performance (₹ in millions):

  • Revenue from operations: ₹5,487.46 (Q1 FY26: ₹4,729.63; Q4 FY26: ₹4,858.60)
  • Other income: ₹86.14 (Q1 FY26: ₹74.39; Q4 FY26: ₹101.62)
  • Total income: ₹5,573.60 (Q1 FY26: ₹4,804.02; Q4 FY26: ₹4,960.22)
  • Profit before tax: ₹519.67 (Q1 FY26: ₹413.32; Q4 FY26: ₹467.54)
  • Profit after tax: ₹387.62 (Q1 FY26: ₹308.78; Q4 FY26: ₹354.05)
  • Total comprehensive income: ₹386.09 (Q1 FY26: ₹308.45; Q4 FY26: ₹362.06)

Expense Breakdown (₹ in millions):

  • Cost of materials consumed: ₹2,912.55
  • Purchase of stock-in-trade: ₹152.44
  • Changes in inventories: (₹166.45)
  • Employee benefits expense: ₹795.51
  • Finance costs: ₹27.75
  • Depreciation and amortization: ₹259.45
  • Other expenses: ₹1,072.42
  • Total expenses: ₹5,053.67

Earnings Per Share:

  • Basic EPS: ₹1.26 (Q1 FY26: ₹1.01; Q4 FY26: ₹1.15)
  • Diluted EPS: ₹1.26 (Q1 FY26: ₹1.01; Q4 FY26: ₹1.15)

Capital Structure:

  • Paid-up equity share capital (face value ₹2 per share): ₹613.35 million

Associate Company Impact:

  • Share of net loss after tax from associate (Cremica Agro Foods Limited): ₹0.26 million
  • Total comprehensive loss from associate: ₹0.26 million

Subsidiaries Information:

  • Includes 3 wholly-owned subsidiaries: Bakebest Foods Private Limited, Mrs. Bectors English Oven Limited, Mrs. Bectors Food International FZE
  • 2 subsidiaries with unreviewed financials showing total revenues of ₹41.46 million and net loss of ₹4.19 million

Standalone Financial Results (Quarter ended June 30, 2026)

Financial Performance (₹ in millions):

  • Revenue from operations: ₹5,070.62 (Q1 FY26: ₹4,383.44; Q4 FY26: ₹4,494.79)
  • Other income: ₹78.39 (Q1 FY26: ₹59.33; Q4 FY26: ₹96.98)
  • Total income: ₹5,149.01 (Q1 FY26: ₹4,442.77; Q4 FY26: ₹4,591.77)
  • Profit before tax: ₹472.71 (Q1 FY26: ₹332.99; Q4 FY26: ₹395.07)
  • Profit after tax: ₹352.69 (Q1 FY26: ₹248.80; Q4 FY26: ₹299.24)
  • Total comprehensive income: ₹353.11 (Q1 FY26: ₹248.33; Q4 FY26: ₹304.02)

Expense Breakdown (₹ in millions):

  • Cost of materials consumed: ₹2,728.73
  • Purchase of stock-in-trade: ₹109.84
  • Changes in inventories: (₹166.57)
  • Employee benefits expense: ₹743.43
  • Finance costs: ₹27.74
  • Depreciation and amortization: ₹222.33
  • Other expenses: ₹1,010.80
  • Total expenses: ₹4,676.30

Earnings Per Share:

  • Basic EPS: ₹1.15 (Q1 FY26: ₹0.81; Q4 FY26: ₹0.98)
  • Diluted EPS: ₹1.15 (Q1 FY26: ₹0.81; Q4 FY26: ₹0.98)

Capital Structure:

  • Paid-up equity share capital (face value ₹2 per share): ₹613.35 million
  • Other equity: ₹11,132.82 million (as of March 31, 2026)

Trust Inclusion:

  • Includes financial information of Bector Employee Welfare Trust with nil financial impact

Auditor Review

  • Both consolidated and standalone results reviewed by M/s Walker Chandiok & Co LLP
  • Unmodified review reports issued for both sets of results
  • Review conducted in accordance with SRE 2410

Share Split Information

  • During FY26, board and shareholders approved subdivision of equity shares from ₹10 to ₹2 face value
  • Effective from record date of 12 December 2025
  • EPS figures retrospectively restated for all periods presented