Ovobel Foods Limited has issued a clarification to BSE regarding recent price movements in its shares, stating that no undisclosed material information is driving the stock's behavior. The company responded to exchange inquiries seeking transparency on potential factors affecting its share price performance.

Exchange Inquiry and Company Response

The clarification came in response to BSE's communication received on April 09, 2026, with a subsequent follow-up dated April 15, 2026. The exchange had requested the company to provide any information or announcements, including impending ones, that might influence price behavior in the scrip.

Regulatory Compliance Confirmation

Ovobel Foods emphasized its commitment to regulatory compliance, confirming that it has been making all necessary disclosures as required under various SEBI regulations. The company specifically mentioned adherence to:

• SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
• SEBI (Prohibition of Insider Trading) Regulations, 2015 as amended

No Material Information Pending

The company categorically stated that there are no information or announcements, including impending announcements, falling under Regulation 30 of the SEBI (LODR) Regulations, 2015 that could have a bearing on the price behavior in the scrip.

Market-Based Price Movement

Ovobel Foods attributed the recent price movements to market-based factors, stating that the company has consistently made necessary disclosures to the stock exchange as required. The management indicated there is no further information to share on this matter.

Management Authorization

The clarification was digitally signed by Mysore Satish Sharad, Managing Director (DIN: 08987445), on April 16, 2026, at 15:10:11 +05'30'. This formal response demonstrates the company's commitment to maintaining transparency with market regulators and investors regarding any factors that might influence its stock performance.

Ovobel Foods Limited announced its unaudited financial results for the third quarter ended December 31, 2025, showcasing a remarkable turnaround in profitability. The company reported a net profit of ₹277.82 lakhs compared to a net loss of ₹115.01 lakhs in the corresponding quarter of the previous fiscal year, marking a significant improvement in operational performance.

Strong Revenue Growth Drives Performance

The company's revenue from operations demonstrated robust growth, increasing by 44.9% year-on-year to ₹7,405.36 lakhs in Q3FY26 from ₹5,111.22 lakhs in Q3FY25. This substantial revenue expansion reflects the company's strengthened market position and operational efficiency.

Operational Efficiency and Cost Management

The company's total expenses increased to ₹7,337.24 lakhs in Q3FY26 from ₹5,493.85 lakhs in Q3FY25, primarily driven by higher cost of materials consumed at ₹5,504.81 lakhs compared to ₹4,528.85 lakhs in the previous year. Despite the increase in absolute costs, the company maintained healthy profit margins through effective operational management.

Employee benefit expenses rose to ₹434.24 lakhs from ₹314.73 lakhs, while depreciation and amortization expenses increased significantly to ₹117.72 lakhs from ₹59.22 lakhs in the corresponding quarter last year.

Nine-Month Performance Highlights

For the nine-month period ended December 31, 2025, Ovobel Foods demonstrated exceptional performance with net profit reaching ₹1,193.71 lakhs, representing a substantial increase of 272.2% from ₹320.76 lakhs in the same period of the previous year.

Earnings Per Share and Capital Structure

The company's earnings per share for Q3FY26 stood at ₹2.92 compared to a loss per share of ₹1.21 in Q3FY25. For the nine-month period, earnings per share improved dramatically to ₹12.56 from ₹3.38 in the corresponding period last year. The paid-up equity share capital remained stable at ₹950.08 lakhs, consisting of ordinary shares with a face value of ₹10 each.

Board Approval and Compliance

The Board of Directors of Ovobel Foods Limited approved these unaudited financial results at their meeting held on February 10, 2026, which commenced at 3:30 PM and concluded at 4:15 PM. The results were prepared in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and have been reviewed by the company's statutory auditors, ASA & Associates LLP. The company operates as a Food Industry segment, which is considered the only reportable segment by management.