Grm Overseas reported a consolidated net profit of ₹2,140.28 lakh for the quarter ended June 30, 2026, an increase of 10.2% from ₹1,909.15 lakh in the same period of FY25. Consolidated revenue from operations expanded by 30.5% to ₹42,651.44 lakh, up from ₹32,677.95 lakh in Q1FY25. Operating profitability also strengthened, with EBITDA rising to ₹355 million from ₹240 million in the prior year, pushing the EBITDA margin to 8.33% from 7.33%.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 12, 2026. The results were subjected to a limited review by the statutory auditors, Mehra Goel & Co LLP, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Segment Performance

The company’s business activities are divided into three segments: Food Items, Edible Oil, and Others. The Food segment remained the primary driver of profitability, while the Edible Oil segment continued to operate at a loss.

Food segment revenue grew 27.1% to ₹37,412.07 lakh, with segment results more than doubling to ₹3,182.02 lakh from ₹1,956.80 lakh. 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 the prior year.

Standalone Results

On a standalone basis, Grm Overseas reported a net profit of ₹1,857.11 lakh, up from ₹1,631.99 lakh in Q1FY25. Standalone revenue from operations increased 30.5% to ₹33,412.35 lakh from ₹25,592.55 lakh.

Total comprehensive income attributable to controlling interest stood at ₹2,084.86 lakh for the consolidated entity, compared to ₹1,835.13 lakh in the previous year. Earnings per share (basic) were ₹0.51 for the quarter, down from ₹3.11 in Q1FY25, following the restatement due to a 2:1 bonus share issue approved in the previous financial year.

What the Numbers Show

The expansion in EBITDA margin to 8.33% from 7.33% underscores improved operating leverage despite the widening loss in the Edible Oil segment. While overall profitability improved, the divergence between revenue growth and margin performance in the Edible Oil segment warrants attention. Revenue in this segment jumped 61.6%, yet the absolute loss widened significantly from ₹3.97 lakh to ₹32.36 lakh. This suggests that cost pressures or pricing dynamics in the edible oil business did not scale favorably with the volume or value growth during the quarter, contrasting sharply with the robust margin expansion seen in the core Food segment.

The company noted that the impact of the new Labour Codes, effective from November 21, 2025, is not material to the financial results based on current assessments. The auditors highlighted that one subsidiary’s interim results, reflecting revenue of ₹11,602.20 lakh, were reviewed by other auditors, while another subsidiary’s unaudited figures were deemed immaterial to the group.

Promoter Hukam Chand Garg declared that no encumbrance was created on the equity shares of grm overseas during the financial year 2025-2026. The disclosure, submitted on April 07, 2026, confirms that the promoter has not pledged or charged any shares directly or indirectly.

The declaration was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on their holdings to ensure transparency for shareholders.

The communication was addressed to the Corporate Relationship Department of BSE Limited and the Listing Department of the National Stock Exchange of India Limited. The BSE scrip code for the company is 531449, while the NSE scrip code is GRMOVER.