Mrs. Bectors Food Specialities Ltd Q2 FY26 Results

At the onset I would like to wholeheartedly welcome and Thank the Government of India for rolling out GST 2.0 reforms under the esteemed leadership of PM Shri Narendra Modi ji. This initiative is a decisive step toward enhancing affordability, empowering consumers with greater purchasing power, and laying the foundation for a stronger, more inclusive consumption story ahead. Coming to the Q2 results, the company delivered a resilient 11.1% growth YOY, driven by both the business verticals. Bakery segment recorded a 16% year-on-year growth while the biscuits segment grew by 9.6% YOY growth. The domestic business although stands to benefit immensely from the GST 2.0 reforms, owing to the tax rate cut from 18% to 5%, in the interim there were challenges due to destocking from the trade in the month of September in anticipation of new MRP and Grammages. Overall, both the verticals delivered resilient numbers on the back of on-ground execution, new products introduction and engaging advertisement and marketing campaigns.