GRM Overseas delivered robust financial performance in the quarter ended June 2027, with consolidated net profit rising 12.1% to ₹21.44 crore compared to ₹19.1 crore in the corresponding quarter of the previous year. According to reports from Zee News, this growth demonstrates the company's operational efficiency and market positioning during the quarter. The Board of Directors approved the unaudited standalone and consolidated financial results on August 12, 2026, with the results subjected to a limited review by statutory auditors Mehra Goel & Co LLP in compliance with SEBI regulations.
The company's total revenue surged 27.7% to ₹427.0 crore in Q1 FY2027, significantly outpacing the previous year's revenue of ₹334.4 crore. As reported by Zee News, this substantial revenue growth indicates strong demand for the company's products or services during the quarter. The EBITDA for the quarter was recorded at ₹36.0 crore, an increase of 13.9% compared to ₹31.6 crore in the same period last year. The Board of Directors approved the unaudited standalone and consolidated financial results on August 12, 2026, with the results subjected to a limited review by statutory auditors Mehra Goel & Co LLP in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Food segment emerged as the primary profit driver, with revenue growing 27.1% to ₹37,412.07 lakh and segment results more than doubling to ₹3,182.02 lakh from ₹1,956.80 lakh in the previous year. In contrast, the Edible Oil segment saw revenue surge 61.6% to ₹5,228.56 lakh, yet the segment result deteriorated to a loss of ₹32.36 lakh from a loss of ₹3.97 lakh in Q1FY25. This divergence between revenue growth and margin performance in the Edible Oil segment warrants attention, as cost pressures or pricing dynamics did not scale favorably with volume growth during the quarter. The Food segment revenue grew 27.1% to ₹37,412.07 lakh with segment results more than doubling to ₹3,182.02 lakh, while the Edible Oil segment revenue jumped 61.6% to ₹5,228.56 lakh yet the segment result deteriorated significantly from ₹3.97 lakh loss to ₹32.36 lakh loss.
GRM Overseas demonstrated exceptional domestic performance during Q1 FY2027, with the branded segment growing 25% year-over-year to ₹116 crore, while the unbranded segment recorded growth of over 2x. According to the company's corporate disclosure, the domestic business delivered strong performance led by the branded segment, which grew 25% YoY to ₹116 crores, while the unbranded segment recorded growth of over 2x. The company continues to invest in expanding the 10X franchise through broader market reach, product innovation, and focused brand-building efforts, supported by improving market presence and consumer acceptance. These initiatives are aligned with the company's long-term strategy of expanding consumer access and creating a diversified, scalable consumer staples platform.
The company's international business reported a healthy 7% year-over-year growth during the quarter despite prevailing geopolitical challenges, underscoring the resilience of its business model and market presence. As reported by Zee News, GRM Overseas Limited remains focused on strengthening its footprint across key international markets while steadily scaling its branded portfolio alongside its established private-label operations. The growth strategy is driven by deeper customer engagement in existing markets, expansion into select new geographies, and continued investments in distribution and market reach. The company noted that it continues to focus on strengthening the 10X brand in India, expanding its branded presence internationally and leveraging its established sourcing, processing and distribution capabilities to drive sustainable growth.
