Brands
Bombay HC lifts ban on Maggi; Nestle to lab-test product
NEW DELHI: Just a day after the Government announced it was moving a Consumer Court, the Bombay High Court lifted the nationwide ban on Maggi Noodles but asked Nestle India to test five variants of noodles at three accredited labs.
The Court said in a sharp indictment that principles of natural justice were not followed by Food Safety and Standards Authority of India (FSSAI) in passing the impugned order of ban.
Holding that tests must be completed within six weeks, the Court told Nestle India that if test reports suggest that lead is within permissible limit then it can start the sale of products.
In June, the FSSAI said the popular snack was found “hazardous and unsafe for human consumption.”
More than 2,700 samples of Maggi noodles have been tested by laboratories in India and abroad in recent months, and each test confirmed the level of lead to be “far below permissible limits,” Nestle had said in a recent statement.
The Department of Consumer Affairs’ claim for Rs 639.95 crore in damages from Nestle is to be heard by the National Consumer Disputes Redressal Commission (NCDRC) in probably the class-action suit against a multinational. The ruling of the quasi-judicial body will be legally binding.
In June, the country’s food safety regulator banned Maggi after excessive amounts of lead and monosodium glutamate (MSG) were reported in samples tested in Uttar Pradesh.
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.
