Baba Food Processing reports FY26 profit, consolidated loss

Baba Food Processing reported a standalone net profit of ₹307.45 lakh for the financial year ended March 31, 2026, while its consolidated financial results reflected a net loss of ₹142.88 lakh for the same period. The board approved the audited standalone and consolidated financial results for the half-year and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, M/s. Sumit Mohit & Company, issued an unmodified opinion on the financial statements.

The standalone revenue from operations for FY26 stood at ₹20,504.12 lakh, compared to ₹20,580.57 lakh in the previous year. Total expenses decreased to ₹20,262.33 lakh from ₹20,120.14 lakh in FY25. The company's basic earnings per share (EPS) for the year stood at ₹1.89, down from ₹2.64 in the prior year. On a consolidated basis, revenue from operations was ₹20,620.09 lakh, with total expenses rising to ₹20,643.85 lakh, resulting in a loss per share of ₹0.87.

Financial Performance

Metric	Standalone FY26 (₹ in Lakhs)	Standalone FY25 (₹ in Lakhs)	Consolidated FY26 (₹ in Lakhs)	Consolidated FY25 (₹ in Lakhs)
Revenue from Operations	20,504.12	20,580.57	20,620.09	20,699.06
Total Expenses	20,262.33	20,120.14	20,643.85	20,143.50
Net Profit / (Loss)	307.45	430.56	(142.88)	430.81
Basic EPS	1.89	2.64	(0.87)	2.64

The board also approved the statement of related party transactions for the half-year ended March 31, 2026. The company's wholly-owned subsidiary, Panchakanya Foods Private Limited, commenced trial production at its manufacturing plant on December 27, 2025. The Income Tax Department conducted search operations on the company and its subsidiary on January 29, 2026, with proceedings currently in progress.

The trading window for dealing in the company's equity shares by designated persons and their immediate relatives remains closed from April 1, 2026, until 48 hours after the declaration of the financial results. This measure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.89%	+18.94%	-9.42%	-25.83%	-37.37%	-67.38%

Baba Food Processing (India) Limited appointed Mr. Rohit Choudhary as an Additional Independent Director on May 24, 2026, subject to the approval of shareholders at the ensuing General Meeting. The Board also accepted the resignation of Mr. Rajkumar Lakhotia from the post of Independent Director, effective March 14, 2026. Consequently, the Board approved the reconstitution of the Nomination and Remuneration Committee and the Audit Committee.

The appointment was approved during a Board meeting held via video conferencing at the company's registered office in Ranchi. The company confirmed that Mr. Rohit Choudhary is not debarred from holding the office of Director by any order passed by SEBI or other authorities.

Mr. Rohit Choudhary brings over 25 years of experience in automotive retail, business operations, strategic planning, customer relationship management, and organizational leadership. He is not related to any other Director on the Board.

Key Board Decisions

Matter	Details
Resignation	Mr. Rajkumar Lakhotia resigned as Independent Director effective March 14, 2026.
Appointment	Mr. Rohit Choudhary appointed as Additional Independent Director effective May 24, 2026.
Shareholder Approval	Appointment is subject to approval at the ensuing General Meeting.
Committees	Nomination and Remuneration Committee and Audit Committee reconstituted.

The meeting commenced at 12:30 P.M. and concluded at 1:00 P.M. on May 24, 2026. Sonal Agarwal, Company Secretary & Compliance Officer, signed the regulatory filing.