PVR INOX to sell snacks business to Marico

PVR INOX to sell snacks business to Marico

New Delhi: PVR INOX on Monday said it will divest its premium snacking business under the 4700BC brand to FMCG major Marico in an all-cash transaction valued at Rs 226.8 crore, a move aimed at reducing debt and sharpening focus on its core cinema operations. PVR INOX expects this deal to “be completed within 30…

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India biscuit market: Parle’s sales grow in FY25; profitability hit by intense competition

India biscuit market: Parle’s sales grow in FY25; profitability hit by intense competition

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…

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