Un-Audited Financial Results for the quarter ended 30.09.2025
COASTCORP · price
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Coastal Corporation posted strong Q2 FY26 results, with consolidated net profit jumping to ₹366.65 lakhs from ₹51.43 lakhs in Q2 FY25 (~613% YoY growth), driven by lower raw material costs and improved operating efficiency. Consolidated revenue rose modestly to ₹16,552.74 lakhs (Q2 FY25: ₹15,656.97 lakhs), with H1 FY26 revenue up ~20% YoY at ₹35,066.97 lakhs. Profit before tax surged to ₹683.88 lakhs from ₹124.05 lakhs, reflecting margin expansion. Standalone net profit stood at ₹462.29 lakhs (vs ₹339.54 lakhs YoY) with EPS of ₹0.69. The Board also approved a proposal to merge two wholly-owned subsidiaries — Continental Fisheries India Ltd and Coastal Biotech Pvt Ltd. The ethanol subsidiary (CBPL) has commenced commercial sales of grain-based ethanol to OMCs.
Strong profit growth and margin expansion are positives for shareholders, though quarterly revenue dipped QoQ. The proposed subsidiary merger could streamline operations and improve efficiency. Investors should note that the auditors flagged non-provision of impairment on a stressed US subsidiary (Seacrest Seafoods Inc, ₹2,500 lakhs) as an emphasis-of-matter item, which remains a risk.