IFB Agro Industries Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Kolkata-based company, which operates in spirits and marine segments, reported mixed performance across its business verticals during the third quarter of fiscal year 2026.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed moderate growth compared to the previous year. Revenue from operations and profitability metrics demonstrated the impact of both seasonal factors and strategic acquisitions during the period.

Segment-wise Performance

The company's two primary business segments showed contrasting performance during the quarter. The spirits segment maintained steady performance while the marine segment faced operational challenges.

Spirits and Spirituous Beverages Segment

Marine Segment

The marine segment showed significant revenue growth but continued to report losses, though the losses have reduced compared to the previous year.

Strategic Acquisition Impact

A major development during the period was the company's acquisition of Cargill India Private Limited's commercial compound shrimp feed and freshwater fish feed business. This acquisition became effective from August 1, 2025, and included manufacturing facilities located at Vijayawada and Rajahmundry in Andhra Pradesh. The acquisition was completed through a slump sale basis under a Business Transfer Agreement dated May 30, 2025.

Earnings Per Share and Other Key Metrics

The company's earnings per share for the quarter ended December 31, 2025, stood at ₹8.93 compared to ₹12.85 in the corresponding previous quarter. For the nine months period, earnings per share reached ₹53.75 compared to ₹25.45 in the previous year.

Regulatory and Operational Updates

The company has accounted for the impact of new labour codes notified by the Government of India on November 21, 2025. These codes consolidate 29 existing labour laws and have resulted in incremental employee benefit expenses during the quarter. The company closed its wholly owned subsidiary, IFB Agro Marine FZE, UAE, during the previous quarter after completing necessary formalities.

The Board of Directors approved these results in their meeting held on January 30, 2026, with the statutory auditors providing an unmodified opinion on both standalone and consolidated financial results.

IFB Agro Industries Ltd has reported a remarkable financial performance for the second quarter, showcasing significant growth across key metrics. The company's results reflect robust expansion in both revenue and profitability, indicating strong operational efficiency and market demand.

Financial Highlights

IFB Agro Industries witnessed a substantial year-over-year growth in its top line, with revenue rising to ₹532.88 crore, up from ₹384.32 crore in the same quarter last year, marking a 38.7% increase.

Profitability Surge

The company's profitability saw an even more impressive improvement. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) surged to ₹37.30 crore, a staggering 647.5% increase from ₹4.99 crore in the previous year's quarter. This substantial growth in EBITDA translated to a significant expansion in the EBITDA margin, which rose from 1.3% to 7.0%, indicating enhanced operational efficiency.

Net profit for the quarter witnessed an extraordinary jump, reaching ₹22.70 crore compared to ₹2.09 crore in the corresponding quarter of the previous year, representing a massive 986.1% year-over-year increase.

Segment Performance

IFB Agro Industries operates in two primary segments:

1. Spirit, spirituous beverages, and allied products
2. Marine products

Both segments contributed to the company's strong performance:

• The spirit and beverages segment reported revenue of ₹309.55 crore with a segment result of ₹34.03 crore.
• The marine segment generated revenue of ₹224.01 crore with a segment result of ₹1.34 crore.

Strategic Acquisition

A significant development during the quarter was IFB Agro's acquisition of the commercial compound shrimp feed and freshwater fish feed business undertaking in India from Cargill India Private Limited. This acquisition, effective from August 1, includes manufacturing facilities in Vijayawada and Rajahmundry, Andhra Pradesh. The move is expected to strengthen IFB Agro's position in the marine segment and contribute to future growth.

Conclusion

IFB Agro Industries' Q2 results demonstrate a strong growth trajectory, with substantial improvements in revenue and profitability. The company's strategic moves, including the recent acquisition in the marine segment, position it well for continued growth. Investors and market watchers will likely keep a close eye on how IFB Agro leverages these positive developments in the coming quarters.