Flex Foods Limited reported a narrowing net loss for the first quarter of FY26, as revenue growth helped offset operational deficits. The company posted a net loss of ₹13.2 lakh for the quarter ended June 30, 2026, compared to a net loss of ₹129.6 lakh in the corresponding period of FY25. This represents a 90% reduction in losses year-on-year.

Total income for the quarter rose 48% to ₹60.11 crore, up from ₹40.56 crore in Q1FY25. The improvement in top-line performance contributed to a sharper decline in pre-tax losses, which fell to ₹16.5 lakh from ₹171.0 lakh a year earlier. On a sequential basis, the net loss also contracted from ₹24.9 lakh in Q4FY26.

Financial Performance

The company’s earnings per share (EPS) stood at a loss of ₹1.06 for the quarter, improving from a loss of ₹10.41 in Q1FY25. For the full fiscal year ended March 31, 2026, Flex Foods reported total income of ₹1,928.7 crore and a net loss of ₹317.9 crore.

What the Numbers Show

The divergence between revenue growth and profit recovery highlights the company's ongoing margin pressure. While total income surged by nearly half year-on-year, the absolute reduction in net loss was modest in scale relative to the revenue increase. This suggests that cost structures or input expenses may not have scaled down proportionally with the volume growth, keeping profitability constrained despite improved sales volumes.

The Board of Directors approved the unaudited financial results on August 13, 2026. The results were published in compliance with SEBI regulations on August 14, 2026.

Flex Foods Limited held its 36th Annual General Meeting on July 16, 2026, through video conferencing to approve its audited financial statements for the financial year ended March 31, 2026. The meeting, which commenced at 12:30 PM IST and concluded at 01:07 PM IST, saw the participation of 45 members. The company ensured seamless electronic attendance and voting in compliance with Ministry of Corporate Affairs and Securities and Exchange Board of India circulars.

The statutory business included the adoption of the audited financial statements for FY26 along with the reports of the Board of Directors and the Auditors. Mr. Ashok Chaturvedi, Chairman (DIN: 00023452), who retired by rotation, was re-appointed as a Director. The special business involved the re-appointment of Mr. Pradeep Narendra Poddar (DIN: 00025199) as an Independent Director and the appointment of Mr. Paresh Nath Sharma (DIN: 00023625) as an Independent Director.

Remote e-voting was conducted from 9:00 Hours IST on July 13, 2026, to 17:00 Hours IST on July 15, 2026. Mr. Mahesh Kumar Gupta, Proprietor of M/s. Mahesh Gupta & Co., was appointed as the Scrutinizer to oversee the electronic voting process. E-voting facilities were also available during the meeting for members who had not cast their votes remotely.

The Chairman addressed shareholder queries during the session and invited further questions, which were duly answered. The company requested shareholders to direct any additional queries to the company for suitable responses. The Register of Directors, Key Managerial Personnel, and Register of Contracts were made available electronically for inspection.

The results of the e-voting will be disseminated to the stock exchanges and uploaded on the company's website and the Central Depository Services (India) Limited (CDSL) portal. The scrutinizer's report and voting results will be forwarded to BSE Limited, where the company's shares are listed.

Business Transacted at the 36th AGM