Parle Products reported steady growth in revenue in FY25, even as profitability came under pressure, highlighting the intense competition and changing dynamics of India’s biscuit and confectionery market. The unlisted FMCG major recorded an 8.5 per cent rise in operational revenue to Rs 15,568.49 crore in the financial year ended March 31, 2025, according to a regulatory filing accessed via Tofler, as per news agency PTI.Despite higher sales, Parle’s profit fell sharply by 39 per cent to Rs 979.53 crore during the year. Its total income, including other income, increased 7.32 per cent to Rs 16,190.98 crore, the data showed.In comparison, listed rival Britannia Industries retained its position as the country’s largest biscuit and confectionery company. Britannia posted consolidated revenue from operations of Rs 17,942.67 crore in FY25 and a total income of Rs 18,169.76 crore. The company, known for brands such as Good Day, Tiger, NutriChoice and MarieGold, also has a presence in dairy and snacks. Even in FY24, Britannia’s revenue had remained well ahead of Parle’s, reported PTI.Parle Products, best known for mass-market brands like Parle-G, Hide & Seek and Monaco, has traditionally focused on rural and value-conscious consumers. It is now also attempting to expand its footprint in the premium segment through its ‘Platina’ range.Another key player, Mondelez India Foods, saw its revenue from operations decline 1.91 per cent to Rs 12,502.95 crore in FY25, while its profit dropped sharply by 99.4 per cent to Rs 12.47 crore, as per PTI. The company competes with products such as Oreo, Bournvita Biscuits and the recently licensed Lotus Biscoff.According to an IBEF report, the Indian biscuit, cookies and crackers market was valued at Rs 1.16 lakh crore in 2025 and is expected to grow at a CAGR of 6.8 per cent to reach Rs 1.64 lakh crore by 2030. Alongside established names like Parle, Britannia and ITC, regional players such as Anmol Industries and Surya Foods (Priya Gold) are gaining ground through aggressive pricing and strong local distribution.
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