Rising costs eat into FY25 profit of Mondelez & Parle

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India's top packaged food firms, Parle Biscuits and Mondelez India, experienced significant profit declines in FY25 despite steady consumer demand. Soaring raw material costs, particularly for cocoa, dairy, wheat, and sugar, along with increased operational expenses, squeezed profit margins for both companies. Mondelez India saw its net profit plummet to ₹11 crore, while Parle Biscuits' net profit dropped by 39%.