Outcome of the Board Meeting held on 04th February, 2026 is attached herewith
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Oceanic Foods reported strong growth for Q3 FY26 (quarter ended Dec 31, 2025). Net sales rose to Rs 4,117.21 lacs from Rs 3,441.25 lacs a year ago, up about 19.6% year-on-year. Profit after tax climbed to Rs 167.79 lacs versus Rs 121.76 lacs, a jump of nearly 38% YoY, pushing EPS to Rs 1.49 from Rs 1.08. For the nine months ended Dec 2025, net sales grew about 26% YoY to Rs 12,485.76 lacs and PAT surged roughly 42% to Rs 487.14 lacs. Margins also improved, with operating profit (before tax, finance and depreciation) rising from around 7.4% to 8.8% of revenue in Q3. The company newly consolidated results of its 51% subsidiary Oceanic Food Ingredients Limited, incorporated in Sept 2025, which is still a shell with no revenue or assets. Auditors gave an unmodified (clean) limited review opinion.
A robust double-digit growth in both revenue and profit, along with margin expansion, signals healthy operating momentum and is broadly positive for shareholders. The stock may see a positive short-term reaction, though the newly added subsidiary currently contributes nothing and bears watching for future contribution.