IFB Agro Industries Limited reported a net profit of ₹6,090 lakh for the financial year ended March 31, 2026, a substantial increase from ₹2,547 lakh in the previous year. Revenue from operations rose to ₹191,157 lakh for FY26, up from ₹153,849 lakh in FY25, driven by performance in the Spirit and Marine segments. The Board of Directors adopted the audited financial results for the standalone and consolidated entities at a meeting held on May 28, 2026. The statutory auditors, MSKA & Associates LLP, issued an unmodified opinion on the financial results.

Q4 Performance Highlights

IFB Agro Industries delivered a strong quarterly performance, with Q4 EBITDA rising sharply to ₹228M rupees compared to ₹88M in the same period of the previous year. The EBITDA margin expanded meaningfully to 4.63% from 2.48% year-on-year, reflecting improved operational efficiency. On a consolidated basis, Q4 net profit surged to ₹93M rupees versus ₹6.3M in the year-ago period, while Q4 revenue grew to ₹4.9B rupees from ₹3.54B rupees year-on-year.

The following table summarises the key Q4 metrics:

Standalone Financial Performance

For the year ended March 31, 2026, the company recorded a total income of ₹193,178 lakh, compared to ₹155,712 lakh in the prior year. Total expenses for the period stood at ₹184,654 lakh, an increase from ₹151,794 lakh in FY25. Profit before tax for the year was ₹8,524 lakh, significantly higher than the ₹3,918 lakh reported in the previous financial year. The company reported basic and diluted earnings per share (EPS) of ₹65.01 for FY26, compared to ₹27.19 in the previous year. Other equity reserves increased to ₹67,159 lakh as of March 31, 2026, from ₹60,347 lakh in the prior year.

Segment Results

Revenue from the Spirit, spirituous beverages and allied products segment reached ₹118,388 lakh for the year, while the Marine segment contributed ₹72,948 lakh. The Spirit segment posted a profit before tax of ₹11,686 lakh, whereas the Marine segment reported a loss before tax of ₹1,285 lakh for the year. The company noted that due to the seasonal nature of the Marine business, quarterly results are not strictly comparable to previous periods.

Consolidated Financials

On a consolidated basis, the company reported a net profit of ₹5,648 lakh for FY26, up from ₹2,234 lakh in the previous year. Total consolidated revenue from operations was ₹191,157 lakh. Consolidated total assets stood at ₹87,231 lakh as of March 31, 2026, compared to ₹71,738 lakh a year earlier.

Key Developments

The company acquired the commercial compound shrimp feed and freshwater fish feed business undertaking from Cargill India Private Limited effective August 1, 2025. Additionally, the Board approved the closure of its wholly owned subsidiary, IFB Agro Marine FZE, UAE, which was liquidated with effect from September 25, 2025. Consequently, the company stated that results for the current period are not comparable with previous periods due to these business combinations.

ifb agro industries has strengthened its leadership by appointing Mr. Rahul Choudhary as Executive Director – Finance, Strategy & Acquisition and Chief Financial Officer, and Mr. Santanu Ghosh as Executive Director – Operations. These appointments, effective from May 28, 2026, aim to bolster the company's financial strategy and operational management capabilities. The decisions were taken by the Board of Directors following recommendations from the Nomination and Remuneration Committee.

The new leadership appointments are subject to the approval of shareholders at the ensuing Annual General Meeting. The company confirmed that both appointees fulfil the conditions specified in the Companies Act, 2013, and are not debarred from holding the office of Director by SEBI or any other authority. Necessary disclosures as required under SEBI (LODR) Regulations 2015 have been made.

Mr. Rahul Choudhary brings over 30 years of experience in finance, banking, taxation, and M&A. A Chartered Accountant, Cost Accountant, and Company Secretary, he previously served as the company's CFO from December 2, 2017. His career includes a 12-year tenure at the Usha Martin Group and a stint as Vice President – Corporate Affairs and Banking at IFB Industries Limited.

Mr. Santanu Ghosh has been appointed to oversee operations with a focus on distillery management. With over 37 years of experience in the sector, he holds an M.Sc. in Biochemistry from Calcutta University and has completed leadership training at ISB Hyderabad. Mr. Ghosh joined the company in 1988 as a Trainee Chemist and has since held various roles managing distillery operations and by-products.

The details of the appointments, including tenure and qualifications, are summarised below: