Italian Edibles FY26 net profit rises 32% to ₹402.88 crore

Italian Edibles Limited reported a 32.2% increase in net profit to ₹402.88 crore for the financial year ended March 31, 2026, compared to ₹304.70 crore in the previous year. Revenue from operations grew 17.1% to ₹9,952.75 crore from ₹8,497.78 crore in FY25. The board approved the audited financial results for the half year and full year ended March 31, 2026 at its meeting held on May 27, 2026. The statutory auditors, Maheshwari & Gupta, issued an unmodified opinion on the financial results and a certificate of utilization of funds for the Initial Public Offering (IPO).

The company’s profit before tax for FY26 stood at ₹506.46 crore, up from ₹482.12 crore in the prior year. Earnings per share (EPS) increased to ₹2.73 from ₹2.06. For the half year ended March 31, 2026, the company recorded a net profit of ₹135.04 crore on revenue of ₹5,368.54 crore.

Financial Performance

The following table summarizes the audited financial results for the year ended March 31, 2026:

Particulars	Year Ended March 31, 2026 (₹ in lakhs)	Year Ended March 31, 2025 (₹ in lakhs)
Revenue from operations	9,952.75	8,497.78
Total Income	9,979.15	8,499.36
Total Expenses	9,472.69	8,017.24
Profit before tax	506.46	482.12
Net Profit	402.88	304.70
Basic EPS	2.73	2.06

IPO Fund Utilization

The board reviewed the utilization of proceeds from the IPO, which raised ₹2,665.60 lakh. The total utilized amount stood at ₹2,635.36 lakh as of March 31, 2026. Funds were deployed towards setting up a manufacturing unit, repaying borrowings, meeting working capital needs, and general corporate expenses.

The project cost for the proposed manufacturing unit was revised upward due to expansion plans. The company utilized ₹1,199.96 lakh from HDFC Bank term loans and internal accruals to bridge the funding gap. An additional payment of ₹95.14 lakhs was made towards construction from internal accruals during the half year ended March 31, 2026. There was no deviation in the use of proceeds from the objects stated in the offer documents.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.99%	-4.55%	-12.52%	+6.91%	-9.72%	-43.72%

Italian Edibles Limited has amended its Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information to align with regulatory updates. The Board of Directors approved the changes at a meeting held on May 27, 2026, based on the recommendation of the Audit Committee. The amendments ensure compliance with the modified provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The revised code establishes a framework to prevent insider trading by regulating, monitoring, and reporting trading activities by employees and connected persons. It mandates the prompt public disclosure of Unpublished Price Sensitive Information (UPSI) that impacts price discovery, ensuring uniform dissemination to avoid selective disclosure. The company has designated a senior officer as the Chief Investor Relations Officer (CIRO) to oversee the dissemination of UPSI and ensure compliance with continuous disclosure requirements.

Key Provisions of the Amended Code

The code outlines specific principles for fair disclosure and handling of UPSI. It requires that information shared with analysts and research personnel must not be UPSI. The CIRO is responsible for verifying market rumours and making necessary public announcements. In the event of an accidental disclosure of UPSI without prior approval, the responsible person must inform the CIRO immediately to ensure prompt public dissemination.

Version History

The document details the evolution of the code to reflect regulatory changes over time.

Version	Date	Notes
1.0	September 25, 2023	First version of the document
2.0	March 06, 2025	To align with amendments in SEBI PIT Regulations 2015 dated December 04, 2024.
3.0	May 27, 2026	To align with amendments in SEBI PIT Regulations 2015 dated June 10, 2025

The amended code has been submitted to the National Stock Exchange of India Limited and is available on the company's official website. The provisions of this code must be read in conjunction with the SEBI (Prohibition of Insider Trading) Regulations, 2015, with the latter prevailing in case of any inconsistency.