Brands
This festive season, tradition meets innovation: Godrej Food Trends Report 2023 reveals interesting culinary secrets
Mumbai: India is known to be a land of diverse cultures, languages, and traditions. Its multiple festivals reflect this rich heritage. What adds a delightful dimension to these celebrations is the wide array of delectable foods that accompany them. As the auspicious festival of Ganesh Chaturthi approaches, India gears up to feast on some delicacies that have gained worldwide claim. These festival foods are not just a gastronomic delight but also a testament to the country’s culinary diversity. These dishes are prepared with love and devotion, often following age-old family recipes passed down through generations, especially the sweets. Traditionally, Indian festivals have been associated with indulgent feasts and sweet treats, but today’s changing lifestyle and health-conscious consumers are influencing how these celebrations are observed.
Godrej Food Trends Report 2023 has mentioned some interesting findings by the culinary experts and chefs about the new trends in traditional snacks and sweets space as consumers today prefer foods that are traditional and tasty yet healthy and convenient.
The Godrej Foods Trends Report for the year 2023 served as a gathering point for an assembly of more than 350+ thought leaders, encompassing celebrity chefs, home chefs, professional culinary experts, food bloggers, healthcare professionals, members of the media, mixologists, nutritionists, restaurateurs, sommeliers, food producers, and various other experts. This diverse and accomplished assembly collectively imparted profound insights rooted in their specialized domains of knowledge and experience.
Godrej Food Trends Report 2023 highlights the trends in traditional snacks, its consumption, and the way of cooking.
Traditional snacks – 47 per cent of experts believe that traditional snacks like Chakli, Bhakarwadi, Sev, and others made by home chefs will gain popularity.
Hyper-regional sweets – Health and lifestyle being a concern, 99 per cent of food experts believe that special diet versions of traditional mithai will be in demand and drive innovation in the segment. Moreover, 75 per cent of the panel believes that there is a rising interest in the hyper-regional sweet offerings.
Demand for regional cooking mediums – With the increased demand for hyper-regional cuisines, 71 per cent of the food panel has observed that consumers will opt for traditional desi oils over imported options for Indian cooking. Whereas 50% of the experts predict that gourmet premium ghee varieties will see a rise in demand.
Convenient food with a health-conscious approach – There has been a notable shift in India’s approach to festivities, with a significant emphasis on health and well-being even during celebratory occasions, 60 per cent of the panel predicts that diet and health-enhancing gadgets like steamers and air-fryers will be in demand this year.
Curating Editor of the annual Godrej Food Trends Report and Perfect Bite Consulting managing director Rushina Munshaw Ghildiyal adds, “Festive season in India is a tribute to our cherished Indian heritage and culture, and offers an opportunity to indulge in snacks and confections, both the traditional and the bold new offerings. It’s beautiful, how in India, the timeless flavors of the past seamlessly blend with contemporary creativity. With Ganesh Chaturthi around the corner, it’s a fabulous time to savour the fusion of nostalgia and innovation in the culinary offerings we have.”
Brands
Bajaj Consumer Care FY26 profit rises to Rs 193.7 crore
Revenue climbs to Rs 1,092 crore as profit grows 49 per cent YoY
MUMBAI: Hair today, growth tomorrow Bajaj Consumer Care Limited seems to have found its shine again, posting a sharp jump in profitability even as it doubled down on brand spends and expansion. The company reported a net profit of Rs 193.7 crore for FY26, marking a strong 49 per cent rise from Rs 130.1 crore in FY25. Revenue from operations also grew to Rs 1,092.2 crore, up from Rs 942.8 crore a year earlier, signalling steady demand momentum across its portfolio.
For the March quarter, profit stood at Rs 64.1 crore, compared to Rs 31.5 crore in the corresponding period last year, while revenue rose to Rs 308.3 crore from Rs 243.5 crore.
The performance came despite a notable increase in spending. Advertising and sales promotion expenses climbed to Rs 168.3 crore in FY26, up from Rs 137.8 crore in FY25, reflecting continued investment in brand building. Other expenses also rose to Rs 151.3 crore from Rs 134.2 crore, indicating a broader push towards growth.
Operating efficiency, however, held firm. Profit before tax increased to Rs 234.8 crore in FY26 from Rs 157.7 crore a year earlier, supported by disciplined cost management across materials and inventory.
On the balance sheet, the company’s total assets expanded to Rs 959.1 crore as of March 31, 2026, compared to Rs 931.9 crore a year earlier. Other equity rose to Rs 780.3 crore, reinforcing a stronger financial base.
Cash flow from operations saw a significant uptick, reaching Rs 196.9 crore in FY26, nearly three times the Rs 67.9 crore recorded in FY25, highlighting improved working capital management.
However, the year also saw aggressive capital allocation. The company spent Rs 190.2 crore on share buybacks, contributing to a net cash outflow of Rs 196.5 crore from financing activities. Cash and cash equivalents stood at Rs 6.8 crore at the end of the year, down from Rs 25.6 crore.
Even as investments in subsidiaries and assets continued, the numbers suggest a company balancing growth ambitions with shareholder returns keeping one eye on expansion and the other on efficiency.
With margins improving and revenue steadily climbing, Bajaj Consumer Care appears to be combing through the competition with renewed confidence.
