Narmada Gelatines delivered impressive financial performance in the June 2026 quarter, with standalone net profit surging 64% to ₹8.19 crore compared to ₹5.05 crore in the corresponding quarter of the previous year. According to the latest financial results, this significant profit growth demonstrates the company's strong operational efficiency and market positioning during the quarter. The consolidated net profit also increased 56% to ₹9.33 crore, compared to ₹5.98 crore in the same period last year, as reported by Business Standard.
The company's standalone revenue from operations increased 23% to ₹56.37 crore in Q1 FY2026, up from ₹45.77 crore in the same period last year. As reported by Business Standard, this revenue growth indicates strong demand for the company's gelatine products and successful market expansion strategies during the quarter. The consolidated total income mirrored the standalone figure at ₹56.51 crore, with the associate's contribution accounted for below the operating profit line. The company operates in a single reportable segment comprising gelatine and DCP manufacturing, as per Ind AS 108 aggregation criteria.
The consolidated performance was significantly boosted by contributions from India Gelatine and Chemicals Limited (IGCL), an associate company, which contributed ₹1.14 crore to the consolidated profit before tax in Q1FY26, up from ₹1.00 crore in Q1FY25. This associate contribution accounts for approximately 9% of the consolidated profit before tax, highlighting the strategic importance of the joint venture in overall profitability. Excluding this share, the core operational profit before tax for the group remained stable at ₹10.95 crore, matching the standalone figure, as reported by Business Standard.
Operating profit margin (OPM) stood at 20.79% in the June 2026 quarter, compared to 16.43% in the corresponding quarter of the previous year. According to the financial data reported by Business Standard, this improvement in operating margins reflects better cost management and operational efficiency during the quarter. Cost of materials consumed rose to ₹27.20 crore from ₹25.96 crore, while employee benefits expense increased to ₹5.11 crore from ₹4.43 crore. However, finance costs declined marginally to ₹0.15 crore from ₹0.24 crore, indicating effective expense management despite the revenue surge.
The Board of Directors approved the unaudited standalone and consolidated financial results on August 12, 2026, following recommendations from the Audit Committee. The results were subjected to a limited review by statutory auditors Lodha & Co LLP, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Earnings per share (EPS) for standalone operations was ₹13.54, while consolidated EPS stood at ₹15.43, both representing a 64% year-on-year increase. The statutory auditors confirmed that the financial statements have been prepared in accordance with Ind AS 34 and do not contain any material misstatement.
