GRM Overseas Q3FY26 Results: Revenue from Operations Jumps 30% to ₹482.8 Cr
GRM Overseas delivered exceptional Q3FY26 performance with revenue from operations surging 30% to ₹482.8 crores and PAT growing 42.8% to ₹19.3 crores. The company demonstrated strong operational efficiency with EBITDA margin improving to 6.3% and PAT margin expanding to 3.9%. For nine months FY26, the company achieved revenue from operations of ₹1,172.0 crores with significant margin expansion across all key metrics.

*this image is generated using AI for illustrative purposes only.
GRM Overseas Limited has delivered exceptional financial performance for Q3FY26, with revenue from operations reaching ₹482.8 crores compared to ₹371.2 crores in Q3FY25, marking a robust 30.0% year-on-year growth. The company's profit after tax (PAT) surged 42.8% to ₹19.3 crores from ₹13.5 crores in the corresponding quarter of the previous year.
Q3FY26 Financial Performance
The company's quarterly results demonstrate strong operational performance across all key metrics. EBITDA grew by 34.1% to ₹31.3 crores compared to ₹23.3 crores in Q3FY25, with EBITDA margin improving to 6.3% from 6.1% in the previous year. Total income, including other operating income and other income, reached ₹492.6 crores.
| Financial Metric: | Q3FY26 | Q3FY25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations: | ₹482.8 crores | ₹371.2 crores | 30.0% |
| Total Income: | ₹492.6 crores | ₹382.2 crores | 28.9% |
| EBITDA: | ₹31.3 crores | ₹23.3 crores | 34.1% |
| EBITDA Margin: | 6.3% | 6.1% | +25 bps |
| PAT: | ₹19.3 crores | ₹13.5 crores | 42.8% |
| PAT Margin: | 3.9% | 3.5% | +38 bps |
Nine Months FY26 Performance
For the nine months ended December 31, 2025, GRM Overseas reported revenue from operations of ₹1,172.0 crores compared to ₹1,056.8 crores in 9MFY25, registering 10.9% growth. Total income for the period reached ₹1,199.1 crores, up 11.3% from ₹1,077.7 crores in the previous year. EBITDA for the period grew 28.7% to ₹87.3 crores with margin expansion to 7.3% from 6.3% in the previous year.
| Nine Months Metric: | 9MFY26 | 9MFY25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations: | ₹1,172.0 crores | ₹1,056.8 crores | 10.9% |
| Total Income: | ₹1,199.1 crores | ₹1,077.7 crores | 11.3% |
| EBITDA: | ₹87.3 crores | ₹67.8 crores | 28.7% |
| EBITDA Margin: | 7.3% | 6.3% | +98 bps |
| PAT: | ₹53.1 crores | ₹40.8 crores | 30.3% |
| PAT Margin: | 4.4% | 3.8% | +65 bps |
Strategic Vision and Growth Plans
GRM Overseas has outlined an ambitious vision for FY28, targeting significant revenue growth through its diversified business portfolio. The company operates through two main segments: international business focused on basmati rice exports to over 50 countries, and domestic business through subsidiary GRM Foodkraft Private Limited with 91.48% shareholding.
The company has established advanced manufacturing capabilities with annual production capacity of 440,800 MT across three facilities in Panipat (Haryana), Naultha (Haryana), and Gandhidham (Gujarat). Additionally, GRM has tied up with 10 third-party manufacturing units across 5 states with installed capacity of 4,800 MT of Atta and 4,000 MT of Edible Oil per month.
Corporate Developments
During the quarter, the company successfully completed its bonus issue in the ratio of 2:1, reflecting the Board's confidence in GRM Overseas' long-term growth prospects. The company has also launched 10X Ventures as a strategic platform to drive growth by investing in Digital-First New Age D2C brands, with plans to invest ₹200 crores in the first phase.
GRM recently acquired a 44% stake in Swmabhan Commerce Private Limited, the parent company of Virat Kohli-backed digital-first coffee brand "Rage Coffee," marking its first investment under 10X Ventures. The financial results were approved during the board meeting held on February 04, 2026, at the company's corporate office in Village Naultha, Panipat, Haryana.
Historical Stock Returns for GRM Overseas
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.06% | -0.38% | -0.72% | +28.24% | +110.10% | +1.79% |


































