Oceanic Foods News

Oceanic Foods Q3FY26 Net Profit Rises 37.8%

Oceanic Foods Limited reported net profit of ₹167.79 lacs for Q3FY26, up 37.8% YoY. Net sales grew 19.6% to ₹4,117.21 lacs despite sequential decline.

Oceanic Foods Reports 164.67 Lacs Quarterly Profit and Incorporates New Subsidiary

Oceanic Foods Limited reported a quarterly profit of 164.67 lacs for the quarter ended September 30, 2025, compared to 123.06 lacs in the same period last year. Net sales reached 4,307.40 lacs versus 3,585.48 lacs previously. For the half-year period, the company achieved a profit of 319.35 lacs compared to a loss of 273.77 lacs in the previous year. The company incorporated a new subsidiary, Oceanic Food Ingredients Limited, on September 1, 2025. Total assets stood at 9,306.58 lacs as of September 30, 2025. The company operates in the production and sale of dehydrated vegetables and herbs. Earnings per share for the quarter was 1.46 rupees.

Oceanic Foods Reports 32.6% Revenue Growth and 56.1% Profit Jump in Q1 Results

Oceanic Foods Limited, a Jamnagar-based producer of dehydrated vegetables and herbs, reported strong quarterly results with total revenue from operations reaching ₹4,126.86 lakhs, representing a 32.6% year-over-year increase. Net profit surged 56.1% to ₹154.68 lakhs. The company's EBITDA grew 37.4% to ₹344.56 lakhs with margins improving to 8.3% from 8.0% in the previous year. Key financial metrics showed net sales of ₹4,061.15 lakhs and earnings per share of ₹1.37. The company experienced significant inventory level increases with changes in inventories of ₹873.37 lakhs during the quarter. Cost of materials consumed was ₹3,918.73 lakhs, while finance costs reached ₹92.38 lakhs. The Board of Directors approved these unaudited results at a meeting held on August 11, 2025.