Ganesh Consumer Products Reports 16.8% Surge in Q2 Net Profit, Declares Interim Dividend

Ganesh Consumer Products Limited (NSE: GANESHCP, BSE: 544528) has reported a robust financial performance for the second quarter, with significant growth in net profit and revenue. The company has also declared an interim dividend, rewarding shareholders amid strong operational results.

Financial Highlights

Particulars (₹ in crore)	Q2 FY26	Q2 FY25	YoY Change
Revenue	238.70	222.70	7.2%
EBITDA	23.90	19.20	24.7%
EBITDA Margin	10.0%	8.6%	140 bps
Net Profit	11.10	9.50	16.8%
EPS (₹)	3.04	2.61	16.5%

Ganesh Consumer Products reported a net profit of ₹11.10 crore for Q2 FY26, marking a significant 16.8% increase from ₹9.50 crore in the same quarter last year. The company's revenue from operations rose to ₹238.70 crore, up 7.2% from ₹222.70 crore in Q2 FY25.

Operational Performance

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed impressive growth, increasing by 24.7% to ₹23.90 crore from ₹19.20 crore in the corresponding quarter. The EBITDA margin expanded by 140 basis points to 10.0%, reflecting improved operational efficiency.

Segment-wise Performance

B2C Segment: Excluding Sattu, the B2C segment registered a strong growth of 15.4% in value and 6.4% in volume.
Spices Category: The spices segment maintained strong momentum with 23% year-on-year growth, driven by portfolio diversification and deeper market penetration.
E-Commerce and Quick Commerce: These channels surged by 97.1% year-on-year, reflecting changing consumer preferences and the company's robust multi-channel strategy.

Dividend Declaration

The Board of Directors has declared an interim dividend of ₹2.50 per equity share, reinforcing the company's commitment to shareholder returns. The record date for determining the eligibility of shareholders for the interim dividend has been fixed as November 14, 2025.

Management Commentary

Mr. Manish Mimani, Chairman and Managing Director, stated, "FY26 marks a proud milestone for Ganesh Consumer Products Limited as a newly listed company. In Q2 FY26, we achieved our highest-ever quarterly sales, with B2C staples (ex-Sattu) up 15.4% in value and 6.4% in volume, supported by festive demand and evolving consumer preferences."

He further added, "Our focus on operational discipline and pricing excellence has driven gross margins up 350 bps to 26%, supporting higher profitability. EBITDA margins expanded 140 bps to 10%, reflecting strong cost discipline and improved realizations."

Future Outlook

With capacity expansion, operational excellence, and sectoral tailwinds, Ganesh Consumer Products is well-positioned for sustained, profitable growth. The company is advancing its sustainability agenda through a Solar PPA with Roofsol Renewables, which is expected to reduce power costs by approximately ₹0.65 million annually from FY27 onwards.

As Ganesh Consumer Products continues to strengthen its market position and expand its product portfolio, investors will be watching closely to see how the company capitalizes on the growing demand in the packaged consumer staples sector.

Ganesh Consumer Products Limited, a leading manufacturer and distributor of packaged consumer staples, has released its unaudited financial results for the first quarter. The company demonstrated revenue growth but faced challenges in profitability.

Financial Highlights

Metric	Q1	Q1 Previous Year	YoY Change
Revenue from Operations	₹20,295.55	₹18,946.43	+7.1%
Net Profit	₹952.97	₹1,342.96	-29.0%
Basic EPS	₹2.62	₹3.69	-29.0%

Revenue Growth Amidst Profit Challenges

Ganesh Consumer Products reported a 7.1% year-over-year increase in revenue from operations, reaching ₹20,295.55 crore. This growth indicates the company's ability to expand its market presence and sales despite challenging market conditions.

However, the company experienced a significant decline in net profit, which decreased by 29.0% to ₹952.97 crore compared to the same quarter last year. This reduction in profitability may be attributed to various factors, including increased operational costs or market pressures.

Earnings Per Share

The basic earnings per share (EPS) stood at ₹2.62, down from ₹3.69 in the corresponding quarter of the previous year, reflecting the decrease in net profit.

Company Operations

Ganesh Consumer Products specializes in the manufacturing, selling, and distribution of packaged consumer staples. Its product portfolio includes wheat-based products, gram-based products, spices, and powders of various cereals and pulses.

Recent IPO Success

Ganesh Consumer Products recently completed its Initial Public Offering (IPO). The company raised a total of ₹40,879.83 crore through the issuance of 12,698,020 equity shares at ₹322 per share. This successful IPO marks a significant milestone for the company and provides it with additional capital for future growth and expansion.

Looking Ahead

While the company has shown strong revenue growth, the decline in profitability may be a point of concern for investors. As Ganesh Consumer Products navigates its first quarter as a publicly-traded company, stakeholders will be keen to see how it addresses the challenges in maintaining profit margins while continuing to drive sales growth in the competitive consumer staples market.