Madhusudan Masala Q1 net profit rises 56% YoY to ₹581.49 lakh
Madhusudan Masala Limited reported a 56.3% YoY rise in standalone net profit to ₹581.49 lakh for Q1FY27, with revenue from operations growing 38.9% to ₹8,953.50 lakh. Consolidated net profit increased 56.1% to ₹650.29 lakh. The company fully utilized ₹12.14 crore raised via warrant conversion for debt prepayment and capex.

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Madhusudan Masala Limited reported a 56.3% year-on-year increase in standalone net profit to ₹581.49 lakh for the quarter ended June 30, 2026, driven by higher revenue from operations. Revenue from operations rose 38.9% to ₹8,953.50 lakh compared to ₹6,448.45 lakh in the corresponding quarter of the previous year. The company’s board approved the unaudited financial results during a meeting held on July 18, 2026.
Standalone Financial Performance
The company’s total income for Q1FY27 stood at ₹8,984.35 lakh, up from ₹6,467.49 lakh in Q1FY26. Total expenditure increased to ₹8,204.08 lakh from ₹5,973.14 lakh in the prior year. Profit before tax for the quarter was ₹780.27 lakh, compared to ₹494.35 lakh in the same period last year. Basic earnings per share (EPS) improved to ₹3.77 from ₹2.57 in the year-ago quarter.
Consolidated Results
On a consolidated basis, net profit for the quarter rose 56.1% to ₹650.29 lakh from ₹416.66 lakh in Q1FY26. Revenue from operations increased 34.4% to ₹9,828.45 lakh from ₹7,309.01 lakh. Total consolidated income was ₹9,859.62 lakh, while total expenses stood at ₹8,986.71 lakh. Basic EPS on a consolidated basis was ₹4.22, up from ₹2.88 in the previous year.
Utilization of Funds
The company confirmed that it has fully utilized the ₹12.14 crore raised through the preferential allotment of equity shares via the conversion of warrants on June 13, 2026. The funds were used for prepayment of borrowings, meeting working capital requirements, capital expenditure for factory expansion, and general corporate purposes. Statutory auditors M/s. Sarvesh Gohil & Associates certified that there was no deviation in the utilization of the issue proceeds.
Key Financial Metrics
| Metric | Q1FY27 (₹ in Lakh) | Q1FY26 (₹ in Lakh) | YoY Change |
|---|---|---|---|
| Standalone Revenue from Operations | 8,953.50 | 6,448.45 | 38.9% |
| Standalone Net Profit | 581.49 | 371.72 | 56.3% |
| Consolidated Revenue from Operations | 9,828.45 | 7,309.01 | 34.4% |
| Consolidated Net Profit | 650.29 | 416.66 | 56.1% |
| Standalone Basic EPS | 3.77 | 2.57 | 46.7% |
The financial results were reviewed by the Audit Committee and the Board of Directors. The statutory auditors conducted a limited review of the standalone and consolidated unaudited financial results in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Madhusudan Masala
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.24% | -3.29% | +13.25% | +75.76% | +56.86% | +103.51% |
Can the company sustain this 38.9% revenue growth rate amidst potential raw material price fluctuations?
How will the recent factory expansion impact production capacity and margins in the coming quarters?
What is the company's strategy for managing debt levels following the prepayment of borrowings?






























