Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources
According to information shared by business platform Tofler, Parle Biscuits' FY19 net profit was Rs 410 crore versus Rs 355 crore reported the previous year
Parle seeks to be on a roll with Rol.a.Cola comeback, eyes Rs 100 cr sales in 1st year
In April-June 2019, the growth rate of the overall biscuit market fell to 2 per cent from 7 per cent earlier
A sharp drop in Parle's biscuit sales means the company may have to slash production
Last year, Parle forayed into the Rs150-tn pulses market in India with its premier Fresh Harvest brand