Bikaji Foods Q2 profit falls 11% on higher expenses despite 13% revenue growth

Among business segments, ethnic snacks revenue grew 19.7% year-on-year, while western snacks recorded a 44.2% increase. Packaged sweets revenue declined 11.3%, which the company attributed largely to a shift in the timing of the Diwali festive season, which falls in the subsequent quarter this year.
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