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KRBL shares surge over 18% in two days as Q1 profit surges 74% YoY

Economic Times17 hours ago
Shares of KRBL extended their rally for a second straight session, rising 3% on Monday to touch a 52-week high of Rs 440 apiece on the BSE. The stock has rallied over 18.5% in the last two trading sessions on the BSE after the basmati rice major posted a strong set of Q1FY26 numbers.
ADVERTISEMENT The company's profit after tax (PAT) for the quarter jumped 74% year-on-year (YoY) to Rs 151 crore, compared to Rs 87 crore in Q1FY25, supported by robust revenue growth and improved operational performance. Sequentially, PAT was down 2% from Rs 154 crore in Q4FY25.
Revenue from operations rose 32% YoY to Rs 1,584 crore from Rs 1,199 crore, aided by strong demand in both domestic and export markets. On a quarter-on-quarter (QoQ) basis, it was higher by 10%.
Further, KRBL's total income grew 32% YoY to Rs 1,617 crore, compared to Rs 1,221 crore in the same period last year.EBITDA came in at Rs 225 crore, marking a 62% YoY increase from Rs 139 crore, with EBITDA margin improving to 13.9% from 11.4% a year ago, though slightly lower than 16.2% in Q4FY25.KRBL's gross profit stood at Rs 415 crore, up 46% YoY from Rs 283 crore, with gross profit margin expanding to 25.7% from 23.2% last year, though it slipped 9% sequentially from Rs 458 crore in Q4FY25.
ADVERTISEMENT The company holds a 37.9% market share in general trade, 38.6% in modern trade, and 44% in e-commerce, as per its investor presentation.According to the company, its flagship India Gate brand is consumed by one in every 10 Indian households (excluding rural areas), with a household reach of 1.1 crore. The brand saw a 480-basis-point increase in penetration and a 570-basis-point gain in consumption in the year ended March 2025.
ADVERTISEMENT KRBL's market cap stood at Rs 8,387 crore as of June 30, 2025, underscoring its strong leadership in the global basmati rice market.
Also read: NSDL shares on winning streak, surge 80% since IPO launch. What's next for investors?
ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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