• Domestic Volume Growth: Overall volume grew 6%, supported by 17–18% growth in the HPC portfolio and a 50% expansion in e-commerce, where quick commerce accounted for 70% of sales.
• Category Performance: Food business revenue expanded by approximately 30% and healthcare grew 14%, while the beverages and glucose portfolios contracted due to rain-related disruptions.
• International Market Trends: The Middle East business faced conflict-driven supply chain and demand disruptions, which the company countered by rerouting supply through Turkey, Egypt, and India alongside strong growth in Bangladesh (22%) and Sub-Saharan Africa (20%).
• Input Cost Inflation: Crude-driven cost inflation reached 10% against an expected 0%, prompting an initial 4% price hike with a second round of price increases planned for the second quarter to protect margins.