The Board of Directors of the Company today (01.08.2025) met and approved among other things, the standalone and consolidated financial results of the Company for the quarter ended 30.06.2025 ....
NITTAGELA · price
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Nitta Gelatin India reported standalone revenue from operations of ₹13,879.33 lakhs in Q1 FY26, up about 5.7% from ₹13,133.04 lakhs in Q1 FY25. Total income rose to ₹14,126.26 lakhs from ₹13,344.96 lakhs, while standalone profit after tax was nearly flat at ₹1,938.04 lakhs versus ₹1,923.55 lakhs (up ~0.75%). EPS stood at ₹21.35 compared to ₹21.19 a year ago. On a consolidated basis, the subsidiary Bamni Proteins Limited has been classified as a discontinued operation after the Maharashtra Pollution Control Board shut its factory; the Board has decided to explore disposal of its assets and property has been moved to 'held for sale'. Additionally, the Kerala High Court ruled in the company's favour on a long-pending customs duty case involving a contingent liability of ₹1,819.66 lakhs, which may now be reviewed downward.
Topline growth is modest and bottomline is essentially flat year-on-year, suggesting stable but unspectacular operating performance. The bigger story for shareholders is the discontinuation of the Bamni Proteins subsidiary and asset disposal process, which will reshape consolidated numbers, though the favourable customs ruling is a positive legal outcome.