Freshara Agro Exports Limited reported robust financial performance for the quarter ended June 30, 2026, with significant growth in both standalone and consolidated revenue figures. Provisional standalone revenue from operations for Q1 FY27 stood at ₹61.6 crore, registering a growth of 34.74% over the corresponding quarter of the previous year. The consolidated revenue from operations for the same period reached ₹112.9 crore, surging by 147.21% compared to the prior year.

Financial Performance Overview

The company disclosed these unaudited figures in a business update filed with the National Stock Exchange of India Ltd. under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The revenue growth was driven by the continued strength of business operations and a focus on delivering quality products across global markets.

Operational Details

The financial results are provisional and unaudited, shared as a business update prior to review by the Statutory Auditors. Freshara Agro Exports noted that all EUR to INR conversions utilized the average RBI exchange rate for Q1 FY 2026–27 of ₹110.1405 per EUR. The company plans to announce its statutory financial results for the half year ending September 30, 2026, in accordance with applicable SEBI LODR regulations.

Management Commentary

Junaid Ahmed, Managing Director and Chairman of Freshara Agro Exports Limited, attributed the strong start to FY27 to robust revenue growth and operational focus. He stated that the company remains committed to strengthening its global presence, enhancing operational efficiencies, and driving sustainable growth to create long-term value for stakeholders.

Freshara Agro Exports Limited reported a consolidated total income of ₹353 crore for the financial year ended March 31, 2026, with a profit after tax (PAT) of ₹37.51 crore. The company disclosed these figures during its H2 FY26 and FY26 earnings conference call held on June 4, 2026. Junaid Ahmed, Chairman and Managing Director, highlighted that the company has successfully completed the acquisition of Spanish operations, comprising Conservas Selectas Espanolas S.L. and Gandin Invest S.L., marking its entry into the global specialty foods industry.

Financial Performance

For FY26, the company achieved an EBITDA of ₹61 crore. During the second half (H2 FY26) alone, revenue reached ₹212 crore with an EBITDA of ₹36.7 crore and a PAT of ₹22.6 crore. The standalone revenue from the Indian unit was approximately ₹325 crore, with a PAT margin of around 11.55%. The Spanish entity contributed ₹28.75 crore in revenue for the two months of operations in FY26.

Strategic Acquisition and Outlook

The acquisition of the Spanish brand Sarasa provides Freshara with access to the global olive market, which exceeds ₹67,000 crore. Management expects the Spanish unit to achieve a revenue of ₹200 crore in FY27, with a target PAT margin of 8-10%. The company aims to substitute 30% of the production for the Spanish unit with Indian manufacturing to reduce costs and improve margins. Looking ahead, Freshara targets a consolidated revenue of ₹575 crore in FY27 and aspires to reach the ₹1,000 crore mark by FY30.