Audited Financial Results along with audit report and declaration under Reg 33 (3)(d) attached.
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Ovobel Foods reported FY25 revenue of Rs 18,858.69 lakhs, up about 8% from Rs 17,461.91 lakhs in FY24, driven by its egg powder and egg-related products business. However, net profit fell sharply to Rs 905.63 lakhs from Rs 1,788.79 lakhs, a drop of nearly 49%, as operating profit before finance costs declined to Rs 1,389.30 lakhs from Rs 2,527.64 lakhs. Q4 FY25 revenue dipped to Rs 4,786.59 lakhs from Rs 5,111.22 lakhs, but the company swung back to a net profit of Rs 584.86 lakhs versus a loss of Rs 115.01 lakhs in Q4 FY24. The company commenced operations at its new Koppal facility during the year, which expanded total assets to Rs 12,778.23 lakhs. Auditor ASA & Associates LLP issued a clean (unmodified) opinion on the results.
For shareholders, the picture is mixed: the business grew in scale but profitability took a hit, likely due to higher input and operating costs from the new Koppal plant and lower operating leverage. This may weigh on near-term sentiment even as the clean audit report and continued revenue growth offer some comfort.