Paper Boat maker Hector Beverages’ operating revenue increased 13.8% year-on-year to ₹760 crore in FY26 from ₹668 crore in FY25. Total expenditure increased 22% to ₹776 crore in FY26 from ₹636 crore during the same period. The higher expenses weighed on profitability, with the company’s profit after tax plunging 96% to ₹2 crore from ₹46 crore in the previous fiscal.