Abram Food Limited Reports Strong Growth in Half-Year Results, Appoints Internal Auditor

2 min read Updated on 13 Nov 2025, 03:12 PM

Reviewed by

Jubin VergheseScanX News Team

Overview

Abram Food Limited's unaudited financial results for the half-year ended September 30, 2025, show significant growth. Total income increased by 134.70% to Rs. 5,519.43 lakhs, while total assets grew by 91.10% to Rs. 3,253.49 lakhs. However, profit before tax and after tax decreased by 10.30% and 11.80% respectively. The company has utilized Rs. 1,321.83 lakhs of its IPO proceeds, raised in July 2025, for various purposes including capital expenditure and working capital requirements. The Board approved the appointment of an Internal Auditor and the unaudited financial results.

*this image is generated using AI for illustrative purposes only.

Abram Food Limited has reported significant growth in its financial results for the half-year ended September 30, 2025, alongside key board approvals and updates on its Initial Public Offering (IPO) proceeds utilization.

Financial Highlights

The company's unaudited financial results reveal a robust performance:

Particulars	Half-Year Ended Sept 30, 2025 (Rs. in lakhs)	Half-Year Ended Sept 30, 2024 (Rs. in lakhs)	% Change
Total Income	5,519.43	2,351.60	+134.70
Profit Before Tax	234.16	261.12	-10.30
Profit After Tax	180.01	204.04	-11.80
Total Assets	3,253.49	1,702.82	+91.10

Abram Food Limited's total income surged by 134.70% year-over-year, reaching Rs. 5,519.43 lakhs. However, profit before tax and profit after tax saw slight declines of 10.30% and 11.80% respectively, which may be attributed to increased operational costs during the expansion phase.

Balance Sheet Strengthens

The company's balance sheet showed significant improvement:

Total assets increased to Rs. 3,253.49 lakhs from Rs. 1,702.82 lakhs in the previous year, marking a 91.10% growth.
Trade receivables rose to Rs. 1,794.45 lakhs from Rs. 870.00 lakhs, indicating expanded business operations.
Cash and cash equivalents improved to Rs. 58.23 lakhs compared to Rs. 5.29 lakhs previously.

IPO Proceeds Utilization

Abram Food Limited successfully raised Rs. 1,399.44 lakhs through its IPO in July 2025. As of September 30, 2025, the company has utilized Rs. 1,321.83 lakhs of the proceeds:

Purpose	Amount Allocated (Rs. in lakhs)	Amount Utilized (Rs. in lakhs)	Unutilized Amount (Rs. in lakhs)
Capital Expenditure for Machinery	385.00	308.83	76.17
Working Capital Requirements	670.00	670.00	0.00
General Corporate Purpose	204.50	203.06	1.44
Issue Related Expenses	139.94	139.94	0.00
Total	1,399.44	1,321.83	77.61

The company maintains Rs. 50.28 lakhs in an escrow bank account with ICICI Bank.

Board Approvals and Appointments

The Board of Directors approved several key matters:

Appointment of M/s R Goyal And Co, Chartered Accountants (FRN 027361C) as the Internal Auditor for the period April 1, 2025, to March 31, 2026.
Unaudited financial results for the half-yearly period ended September 30, 2025.
Statement on IPO proceeds utilization.

Management Commentary

While specific management quotes were not provided, the financial results and board actions suggest that Abram Food Limited is focusing on strategic growth and operational efficiency. The significant increase in total income and assets indicates the company's expansion efforts, while the careful utilization of IPO proceeds demonstrates a commitment to planned growth and transparency.

Looking Ahead

As Abram Food Limited continues to implement its growth strategies, investors and stakeholders will likely keep a close eye on how the company manages its expanded operations and utilizes the remaining IPO proceeds. The appointment of an internal auditor also signals the company's commitment to maintaining strong financial controls and governance practices.

Note: All financial figures are based on unaudited results for the half-year ended September 30, 2025, as reported by the company.

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