Parle Products Reports Mixed FY25 Results Amid Intense Market Competition
Parle Products experienced steady revenue growth during the last financial year. However, profitability faced significant pressure. This situation highlights the fiercely competitive nature of India's biscuit and confectionery sector.
Financial Performance Details
The unlisted FMCG major recorded an 8.5 percent increase in operational revenue. It reached Rs 15,568.49 crore for the financial year ending March 31, 2025. This information comes from a regulatory filing accessed through Tofler, as reported by news agency PTI.
Despite achieving higher sales figures, Parle's profit witnessed a sharp decline. It fell by 39 percent to Rs 979.53 crore during the same period. The company's total income, which includes other income sources, showed a 7.32 percent increase. It rose to Rs 16,190.98 crore according to the available data.
Market Leadership and Rival Performance
Listed rival Britannia Industries retained its position as India's largest biscuit and confectionery company. Britannia posted consolidated revenue from operations of Rs 17,942.67 crore in FY25. Its total income reached Rs 18,169.76 crore.
The company maintains a strong portfolio of popular brands. These include Good Day, Tiger, NutriChoice, and MarieGold. Britannia also has significant presence in dairy and snacks segments. Even during the previous financial year, Britannia's revenue remained substantially ahead of Parle's figures.
Parle Products is best known for mass-market brands like Parle-G, Hide & Seek, and Monaco. The company has traditionally focused on rural and value-conscious consumers. It is now making efforts to expand its footprint in premium segments. This expansion happens through its 'Platina' range of products.
Other Key Players and Market Dynamics
Another major player, Mondelez India Foods, experienced different challenges. Its revenue from operations declined by 1.91 percent to Rs 12,502.95 crore in FY25. More dramatically, its profit dropped sharply by 99.4 percent to just Rs 12.47 crore.
Mondelez competes with well-known products including Oreo, Bournvita Biscuits, and the recently licensed Lotus Biscoff. The competitive landscape extends beyond these established names.
According to an IBEF report, the Indian biscuit, cookies and crackers market reached a valuation of Rs 1.16 lakh crore in 2025. Industry experts expect this market to grow at a compound annual growth rate of 6.8 percent. It could reach Rs 1.64 lakh crore by 2030.
Alongside established players like Parle, Britannia and ITC, regional competitors are gaining ground. Companies such as Anmol Industries and Surya Foods, known for Priya Gold brands, are expanding their presence. They employ aggressive pricing strategies and maintain strong local distribution networks.
The Indian FMCG sector continues to evolve rapidly. Consumer preferences shift constantly while competitive pressures intensify. Companies must navigate these complex dynamics to maintain growth and profitability in coming years.
