Profit before tax for Q1 FY24 stood at Rs 28.63 crore, steeply higher than Rs 10.45 crore in the corresponding quarter previous year.

Total expenses spiked 15.04% YoY to Rs 130.12 crore in Q1 FY24. Cost of materials consumed stood at Rs 92.29 crore (up 15.13% YoY), other expenses was at Rs 19.89 crore (down 5.32%) and finance costs was Rs 1.91 crore (down 10.8% YoY) during the quarter.

Tasty Bite Eatables is engaged in the business of manufacturing and selling prepared foods.

The counter was freezed at its 52-week high of Rs 17,293.70 on the BSE.