ADF Foods Limited has delivered exceptional financial performance in Q3, reporting consolidated net profit of ₹224M compared to ₹188M in the same period last year, marking a significant 19% year-on-year growth. The company's revenue also demonstrated strong momentum, reaching ₹1.9B versus ₹1.5B in the corresponding quarter of the previous year.

Q3 Financial Performance

The company's quarterly results showcase robust operational performance across key financial metrics. The growth in both revenue and profitability indicates effective business execution and market expansion, with particularly strong EBITDA performance demonstrating improved operational efficiency.

Corporate Governance and Compliance

The company had previously scheduled its board meeting for February 3, 2026, to consider and approve the unaudited standalone and consolidated financial results. Company Secretary Shalaka Ovalekar had signed the official notice informing stock exchanges about the scheduled meeting in compliance with SEBI Regulation 29.

Earnings Conference Call

Following the board meeting, ADF Foods hosted an earnings conference call on February 5, 2026, at 3:30 PM IST to discuss the strong Q3 & 9M FY26 performance with key management participants including Chairman, MD & CEO Bimal Thakkar and VP Sales & Strategy Sumer Thakkar.

Trading Window and Regulatory Compliance

The company had implemented trading restrictions during the financial results announcement period from January 1, 2026, to February 5, 2026, in accordance with SEBI Insider Trading Regulations 2015. Both the board meeting notice and earnings call intimation were issued pursuant to SEBI regulations, with formal notifications sent to National Stock Exchange of India Limited and BSE Limited.

ADF Foods Limited has announced a key leadership change with the resignation of Chief Financial Officer Shardul Doshi, effective December 10, 2025. The company informed stock exchanges about this development in compliance with SEBI listing regulations.

Resignation Details

Mr. Shardul Doshi, who served as Chief Financial Officer and Key Managerial Personnel, submitted his resignation to pursue new opportunities and challenges. His tenure with the company will conclude at the close of business hours on December 10, 2025.

In his resignation letter addressed to Chairman and Managing Director Mr. Bimal Thakkar, Doshi expressed gratitude for the trust and support received during his tenure. He acknowledged the honor of serving in the leadership role and working with the company's talented team.

Company Response and Transition Plans

ADF Foods has placed on record its sincere appreciation for the services rendered by Mr. Shardul Doshi and his contributions during his tenure as CFO. The company emphasized his role in the organization's growth story and significant milestones achieved during his leadership.

The management confirmed that it is actively in the process of appointing a suitable candidate for the CFO position. The company will intimate the stock exchanges about the new appointment in due course, following proper regulatory procedures under the listing regulations.

Operational Continuity

ADF Foods has assured stakeholders that the company's finance functions will continue to run as usual during the interim period. This ensures business continuity and maintains operational efficiency while the search for a new CFO is underway.

The announcement was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to transparent corporate governance and timely disclosure of material information to investors and regulatory authorities.