The stock rises 5.2% to touch an all-time high of ₹4,596.65 on the BSE after it reported 152% YoY growth in consolidated net profit to ₹932.4 crore in Q3 FY23.
Biscuits and confectionery contribute a lion’s share of the ₹12,000-odd crore company’s revenue, and the plan is to ensure that at least 20% of its revenue is generated from its newer categories.
