Bikaji Financial Statements

In FY21, the company realised growth in its total revenue of 22% over FY20. The reason for such growth is that COVID-19 led changes in consumer preferences and the collapse of unorganised players in the industry, which further improved the sales of the company as the company has already established a PAN-India footprint. 

The company has witnessed a sharp growth in its net profits of 60% in FY21 when compared with FY20. The reason for the company's abnormal growth is the increase in revenue combined with the automation process used in its manufacturing plants, as well as the reduction in advertising and freight and forwarding charges in FY21 due to a change in freight plans from freight paid to ex-factory for a few months. collectively, has played a significant role in such an increase in the net profits of the company.