Ovobel Foods Q2 Net Profit Rises 140% YoY

Revenue from Operations: ₹799.66 lakhs (compared to ₹584.09 lakhs in Q2 FY26)
Other Income: ₹369.10 lakhs (compared to ₹129.16 lakhs in Q2 FY26)
Total Income: ₹836.57 lakhs (compared to ₹597.01 lakhs in Q2 FY26)
Profit Before Tax: ₹205.42 lakhs (compared to ₹86.23 lakhs in Q2 FY26)
Tax Expense: ₹513.87 lakhs (compared to ₹221.08 lakhs in Q2 FY26)
Profit for the Period: ₹154.03 lakhs (compared to ₹64.12 lakhs in Q2 FY26)
Basic and Diluted EPS: ₹16.21 (not annualized, compared to ₹6.75 in Q2 FY26)

Revenue from Operations: ₹1,371.59 lakhs (compared to ₹1,193.34 lakhs in H1 FY26)
Other Income: ₹633.21 lakhs (compared to ₹217.05 lakhs in H1 FY26)
Total Income: ₹1,434.91 lakhs (compared to ₹1,215.05 lakhs in H1 FY26)
Profit Before Tax: ₹265.18 lakhs (compared to ₹123.12 lakhs in H1 FY26)
Tax Expense: ₹666.84 lakhs (compared to ₹315.28 lakhs in H1 FY26)
Profit for the Period: ₹198.50 lakhs (compared to ₹91.59 lakhs in H1 FY26)
Basic and Diluted EPS: ₹19.40 (not annualized, compared to ₹9.64 in H1 FY26)

Total Assets: ₹17,302.75 lakhs (compared to ₹16,773.84 lakhs as at 31 March 2026)
Property, Plant and Equipment: ₹2,513.87 lakhs (compared to ₹1,662.50 lakhs as at 31 March 2026)
Inventories: ₹3,867.48 lakhs (compared to ₹3,774.48 lakhs as at 31 March 2026)
Cash and Cash Equivalents: ₹872.55 lakhs (compared to ₹555.80 lakhs as at 31 March 2026)
Total Equity: ₹12,994.37 lakhs (compared to ₹11,009.15 lakhs as at 31 March 2026)
Borrowings (Current + Non-current): ₹2,797.13 lakhs (compared to ₹2,820.51 lakhs as at 31 March 2026)

Net Cash from Operating Activities: ₹1,258.49 lakhs (compared to ₹677.02 lakhs in H1 FY25)
Net Cash used in Investing Activities: ₹849.69 lakhs (compared to ₹172.15 lakhs used in H1 FY25)
Net Cash used in Financing Activities: ₹92.05 lakhs (compared to ₹491.09 lakhs used in H1 FY25)
Net Increase in Cash: ₹316.75 lakhs (compared to ₹13.78 lakhs in H1 FY25)

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 06 November 2026 which commenced at 4:00 p.m. and concluded at 5:30 p.m.
The statement was prepared in accordance with Indian Accounting Standards (Ind AS) and SEBI Listing Regulations Regulation 33.
The company operates in a single segment - food products.
Management assessed that no provision for expected credit losses on trade receivables is required as outstanding balances are expected to be realized within 180 days.
During the period, the company reassessed its business model for managing investments in mutual funds and reclassified investments from Fair Value through Other Comprehensive Income (FVOCI) to Fair Value through Profit or Loss (FVTPL) prospectively.
The limited review was conducted by ASA & Associates LLP, Chartered Accountants (Registration No. 009571N/N500006), who issued an unmodified review report dated 06 November 2026.