Baking & Snacks – WORLD NEWS

The new category reimagines much-loved Indian snacks by replacing refined flour and conventional bases with a blend of rice flour and millets, making them more approachable for mainstream consumption.

The group posted a 4.6% increase versus the prior year, driven by innovation across its confectionery and breakfast categories and by geographic expansion following strategic deals.

The deal brings into Eshbal’s portfolio a commercial bakery known for breads, rolls, muffins and sweet goods sold across retail, foodservice and e-commerce channels, and is presented as a strategic step to enhance capacity and product breadth ahead of the company’s 2026 to 2028 roadmap.

The guidance raised anticipates margin expansion driven by efficiency gains and portfolio optimization in a recovering CPG landscape.

Marico reported a strong Q3FY26 performance driven by a recovery in domestic volumes and continued momentum in international markets.