Aveer Foods Limited announced its unaudited financial results for the quarter ended December 31, 2025, along with the completion of warrant conversion by a promoter. The company's Board of Directors approved these developments during their meeting held on February 6, 2026.

Financial Performance for Q3FY26

The company reported mixed financial performance for the third quarter of FY26. Revenue from operations stood at ₹3,592.95 lakhs, showing growth from ₹2,743.65 lakhs in the corresponding quarter of the previous year. However, this represented a decline from the previous quarter's revenue of ₹3,807.56 lakhs.

The company's net profit for Q3FY26 was ₹77.98 lakhs, slightly lower than ₹82.25 lakhs recorded in Q3FY25. The quarter included an exceptional item of ₹50.09 lakhs related to incremental impact arising from the implementation of new Labour Codes, particularly affecting gratuity calculations due to changes in the definition of wages.

Nine Months Performance

For the nine months ended December 31, 2025, Aveer Foods demonstrated strong overall performance. Revenue from operations reached ₹10,801.52 lakhs compared to ₹8,162.89 lakhs in the corresponding period of the previous year, representing significant growth.

Warrant Conversion and Capital Structure

The company completed the allotment of 2,26,087 fully paid-up equity shares upon exercise of warrants by Mr. Rajkumar Hukmichand Chordia, a person belonging to the promoter category. The conversion details include:

This allotment increased the company's paid-up capital from ₹4,02,82,520 to ₹4,25,43,390. The warrants were originally allotted on March 20, 2025, with a conversion period of 18 months. Following this conversion, 2,26,087 warrants remain outstanding from the original allotment of 4,52,174 warrants.

Fund Utilization Status

The company provided an update on the utilization of funds raised through the preferential issue. Out of the total issue size of ₹26,00,00,050, the company has utilized ₹6,50,00,013 as of December 31, 2025. The funds were primarily deployed for:

• ₹6,25,00,000 paid to Kamal Industries for business acquisition on April 30, 2025
• ₹25,00,013 utilized for general purposes

The company confirmed no deviation or variation in the use of funds raised, with the Audit Committee providing no adverse comments on fund utilization.

Operational Highlights

Aveer Foods continues to focus on its primary business segment of processed food items and spices. The company operates manufacturing facilities in Pune, Satara, and Dharwad, maintaining its market position in the food processing industry. The financial results received an unmodified limited review report from the statutory auditors, confirming compliance with applicable accounting standards and regulatory requirements.

Aveer Foods Limited , a prominent player in the processed food and spices sector, has announced its unaudited financial results for the quarter ended September 30, 2025, showcasing a notable improvement in profitability despite a decrease in revenue.

Financial Performance

The company reported revenue from operations of Rs 3,807.56 lakhs for Q2 FY2026, compared to Rs 3,401.00 lakhs in the previous quarter. Despite the quarter-on-quarter revenue growth, there was a year-on-year decline from Rs 2,632.93 lakhs in Q2 FY2025.

Aveer Foods demonstrated strong profit growth, with profit after tax (PAT) rising to Rs 188.69 lakhs in Q2 FY2026, a significant increase from Rs 52.91 lakhs in Q1 FY2026 and Rs 147.14 lakhs in Q2 FY2025.

Key Financial Metrics

The company's earnings per share (EPS) also showed improvement, with basic EPS increasing to Rs 4.69 in Q2 FY2026 from Rs 1.31 in Q1 FY2026 and Rs 3.66 in Q2 FY2025.

Operational Highlights

Aveer Foods continues to focus on its core business of processed food items and spices. The company's management reviews business performance at an overall company level, treating it as a single segment in line with Ind AS 108 "Operating Segments".

Appointment of New Registrar and Transfer Agent

In a move to enhance investor services and ensure compliance with SEBI regulations, Aveer Foods has approved the appointment of MUFG Intime India Private Limited as its new Registrar and Transfer Agent (RTA). This change aims to improve the company's investor relations and streamline share-related processes.

Auditor's Review

SBH & Co., the company's statutory auditors, conducted a limited review of the unaudited financial results. They reported no material misstatements and confirmed that the financial statements comply with the applicable accounting standards and SEBI regulations.

Conclusion

Aveer Foods Limited's Q2 FY2026 results demonstrate the company's ability to enhance profitability even in the face of revenue challenges. The appointment of a new RTA underscores the company's commitment to improving shareholder services. Investors and market watchers will likely keep a close eye on how these developments impact the company's performance and market position in the coming quarters.

Note: All financial figures are based on the unaudited results for the quarter ended September 30, 2025, as reported by Aveer Foods Limited.