Market leader Britannia Industries ranks ahead of unlisted Parle Biscuits, Mondelez India—FY25 results show how
Biscuit and confectionery manufacturers Parle Biscuits Pvt. Ltd and Mondelez India Foods Pvt. Ltd, in its financial results for the year ended March 31, 2025, obtained from data provider Tofler, reported a significant decline in net profits in the last financial year due to rising material costs in the industry.
Neither company is on the list.
Parle Biscuits’ financials showed that the company’s net profit for financial year 2025 was: ₹979.5 crore, compared to ₹1,607 crore in the previous fiscal, marking a 29% year-on-year decline.
Although the biscuit manufacturer’s sales increased by 8.5% annually ₹15,568.5 crore, compared to ₹Rising cost of goods, which stood at Rs 14,349.4 crore in the previous financial year, weighed on the company’s profits.
Parle Biscuits’ expenses for the financial year 2024-25 were as follows: ₹14,881.3 crore, up nearly 15% from the previous year ₹12,979.4 crore level, according to financial data accessed by Tofler.
Operating margins fell to 5.3% from 10.6% in the previous fiscal year. Net profit margin was 6% compared to 10.7% in the previous year.
In addition to Parle-G, one of the world’s best-selling biscuit brands, the company’s portfolio includes brands such as Hide & Seek, Monaco and Melody.
Mondelez India loses margins
Amid mixed earnings from its rival, Mondelez India’s 2024-25 results, formerly known as Cadbury India, showed a more than 99% decline in its net profit in 2024-2025. ₹10.5 crore, compared to ₹2,081.9 crore a year ago.
This was primarily due to a decrease in its other revenues ₹98.7 crore in FY25 ₹1,097.5 crore in the previous financial year.
Declining sales and increased expenses above cost of goods have impacted the company’s net profit and operating margins. Mondelez India’s sales fell 1.91% ₹12,503 crore in FY 2024-25, as compared to ₹12,747 crore in the same period of the previous year.
The fast-moving consumer goods (FMCG) company’s profit margin fell to 0.1% in the period from 15% a year ago. Mondelez India’s operating margin also fell from 19.4% to 8%.
Company’s expenses as of year ending March 2025 ₹12,549.1 crore, compared ₹11,082.4 crore in the previous financial year, according to financial statements accessed by Tofler.
Mondelez India’s brands include Cadbury chocolates, 5 Star, Tang, Bournvita and Oreo, among others.
Aggregating results against the market leader
India Brand Equity Foundation’s data as of July 2025 showed that Parle Biscuits and Mondelez India are competing with market leader Britannia Industries, which has a share of around 38% in the Indian biscuits market. Parle ranks second with 32%.
India-listed Britannia recorded a 2% increase in consolidated net profit. ₹2,177.86 crore as compared to 2,177.86 crore in FY25. ₹2,134.22 crore in the previous year.
Rising material costs continued to be a common issue alongside other rising expenses this year, contributing to an increase in Britannia’s total expenses of over 8%. ₹15,207.66 crore in 2024-25 compared to ₹14,063.89 crore in the previous year.
Britannia’s total revenue from core operations increased by 7% year on year ₹17,942.67 crore compared to previous year ₹16,769.27 crore, according to data from the Bombay Stock Exchange (BSE).
Britannia Industries shares closed down 0.22% ₹5,906.30 on BSE on Wednesday.
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