Q1 June 2025 unaudited financial results attached with Limited Review Report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ovobel Foods reported Q1 FY26 net sales of ₹6,067.91 lakhs, up about 27.5% year-on-year from ₹4,759.02 lakhs and up roughly 26.8% versus the preceding quarter (₹4,786.59 lakhs). Operating profit before other income, finance cost and exceptional items rose to ₹311.39 lakhs from ₹255.02 lakhs YoY. However, profit after tax was nearly flat at ₹274.68 lakhs versus ₹275.30 lakhs last year, keeping EPS unchanged at ₹2.90. Raw material costs and depreciation (₹115.98 lakhs vs ₹38.80 lakhs) rose sharply, while other income declined and finance costs jumped ~60% YoY. Auditor ASA & Associates LLP issued an unqualified review report but drew attention to gratuity and leave encashment being provided on an estimated, not actuarial, basis.
Strong top-line growth is a positive, but flat PAT and rising costs (raw materials, depreciation, interest) signal margin pressure that shareholders should watch. The auditor's emphasis on estimated gratuity provision is a minor governance flag but does not affect the clean review opinion.