Parle scraps no-return policy on expired stock as ₹100-cr inventory pile-up triggers FSSAI heat
India's largest biscuit maker reverses its long-standing no-returns stance after AICPDF distributors flagged ₹100 crore in stuck expired inventory, with FSSAI and Maharashtra FDA scrutiny intensifying. Move signals broader FMCG recall reform across a player commanding 38-40% organised biscuit share and ₹17,500-cr group revenue.
What happened
Parle, India's largest biscuit maker, is reversing its no-returns stance on expired products amid ₹100 crore stuck inventory flagged by AICPDF distributors and
Key facts
- ₹100 crore expired inventory
- ₹15,568 crore FY25 standalone revenue
- ₹17,500 crore group revenue
- 100 crore packs/month
- 10 lakh tonnes annual production
- 38-40% organised biscuit market share
Why this matters
FSSAI-driven recall reform creates an opening to acquire reverse-logistics and shelf-life analytics capabilities as FMCG majors scramble to retrofit distributor return frameworks.