Archive · 30 Sep 2026
ITC Completes Yoga Bar Acquisition Amid India’s Health-Food Boom
ITC is a large Indian company that sells many products, including cigarettes and packaged foods.
It has now bought all of Yoga Bar’s parent company, Sproutlife Foods.
ITC paid about ₹645 crore for the shares it did not already own.
This brings its total investment in the business to about ₹900 crore.
Yoga Bar makes foods such as protein bars, cereals, oats and protein powders.
The company’s sales grew from ₹200 crore in FY25 to ₹452 crore in FY26.
ITC says health and nutrition products are an important part of its newer consumer-business plans.
Its digital-first and organic brands together reached about ₹1,500 crore in annualized revenue in the June 2026 quarter.
ITC bought the remaining 52.5% stake in Sproutlife Foods for about ₹645 crore, taking full ownership.
The transaction brings ITC’s cumulative investment in Yoga Bar’s parent company to approximately ₹900 crore.
Sproutlife Foods reported turnover of ₹452 crore in FY26, up from ₹200 crore in FY25.
Yoga Bar sells nutrition products including bars, breakfast cereals, muesli, oats and plant-protein powders.
ITC said its digital-first and organic portfolio reached an annual revenue run rate of about ₹1,500 crore in the June 2026 quarter.
- Who
- ITC and Sproutlife Foods, the parent company of Yoga Bar.
- What
- ITC acquired the remaining 52.5% stake in Sproutlife Foods, making it a wholly owned subsidiary.
- When
- The transaction was completed on September 28; the article also cites FY26 and the June 2026 quarter.
- Where
- India.
- Why
- ITC said the acquisition supports its strategy of expanding its future-ready foods portfolio and health and nutrition brands.
- Acquisition stake
- ITC increased its holding in Sproutlife Foods from about 47.5% to 100%.
- Latest purchase
- The remaining stake was acquired for approximately ₹645 crore through a secondary share purchase.
- Total investment
- ITC’s cumulative investment in Sproutlife Foods reached approximately ₹900 crore, including earlier investments of ₹255 crore.
- FY26 turnover
- Sproutlife Foods reported revenue of ₹452 crore, compared with ₹200 crore in FY25.
- Products
- Yoga Bar products include bars, breakfast cereals, muesli, oats, protein products and plant-protein powders.
- Portfolio revenue run rate
- ITC’s digital-first and organic portfolio reached approximately ₹1,500 crore in the June 2026 quarter.
- Regulatory approvals
- ITC said no governmental or regulatory approvals were required for the transaction.