Indian pastry giant Mrs Bectors records 86% jump in Q3 profits despite of Covid-19

INDIA – Mrs Bectors Food Specialities, a leading premium bakery player in India, has recorded a jump in profits for the three months ending October 2020, despite the company operating in a challenging environment punctuated by a pandemic. According to a report by Economic Times India, the company’s Q3 profits after tax jumped 86 per to Rs21 crore (about US$1.9 million) from Rs 11 crore (about US$1 million), recorded during a similar period in 2019.  The company’s revenues for Q3 also rose to Rs 226 crore (US$20.6 million)in Q3 FY21…

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