Outcome of the Board Meeting held on 04th February, 2026
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The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended 31 December 2025 and the nine months ended on that date. Net sales for Q3 FY26 stood at Rs. 4,117.21 lakhs, up about 19.6% from Rs. 3,441.25 lakhs in the same quarter last year, while for the nine months, net sales rose roughly 26% to Rs. 12,485.76 lakhs from Rs. 9,913.80 lakhs. Profit after tax for Q3 was Rs. 167.79 lakhs (up about 37.8% year-on-year) and for the nine months was Rs. 487.14 lakhs, a jump of around 41.7% from Rs. 343.90 lakhs a year earlier. EPS stood at Rs. 1.49 for the quarter and Rs. 4.33 for nine months, compared to Rs. 1.08 and Rs. 3.06 respectively in the prior year. The company has begun consolidating its new 51% subsidiary, Oceanic Food Ingredients Limited, incorporated on 1 September 2025, and statutory auditors issued an unmodified limited review report on the results.
Strong year-on-year growth in both revenue and profit signals healthy business momentum and is likely to be viewed positively by shareholders, though sequential revenue slipped modestly from the September quarter. The new subsidiary's consolidation adds a small new line of business but currently contributes negligible revenue.