Will rising costs stall Bajaj Consumers strong recovery?

Cost pressures

Looking ahead, Bajaj sees margins in the low-to-mid-20s. But the West Asia war is causing costs to rise, posing a threat to margins. The price of light liquid paraffin (LLP), a key input, rose sharply in Q4FY26 from Q3FY26. Also, prices of refined mustard oil haven’t cooled as expected.