Krishival Foods Reports Exceptional Q3FY26 Results with 40% Revenue Growth
Krishival Foods delivered outstanding Q3FY26 performance with 40% revenue growth to ₹76.86 crores and remarkable profitability improvement. The company's ice cream division Melt N Mellow achieved a strategic turnaround, contributing positively at PAT level, while the nuts segment maintained steady growth through market expansion and premiumisation.

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Krishival Foods Limited announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating exceptional growth across key financial metrics. The company's board meeting held on February 11, 2026, approved both standalone and consolidated financial results along with several strategic corporate decisions.
Financial Performance Highlights
The company delivered outstanding financial performance in Q3FY26, with significant improvements across revenue and profitability metrics:
| Metric: | Q3FY26 | Q3FY25 | Growth |
|---|---|---|---|
| Consolidated Total Revenue: | ₹76.86 crores | ₹54.88 crores | +40.0% |
| Consolidated Net Profit After Tax: | ₹6.41 crores | ₹0.05 crores | +12,720% |
| EBITDA: | ₹11.54 crores | ₹3.18 crores | +263% |
| EBITDA Margin: | 15.01% | 5.79% | +924 bps |
| Net Profit Margin: | 8.34% | 0.10% | +824 bps |
For the nine months ended December 31, 2025, consolidated total revenue reached ₹197.57 crores compared to ₹130.33 crores in the corresponding period of FY25. The consolidated net profit after tax for the nine-month period stood at ₹16.61 crores versus ₹8.34 crores in the previous year, representing a 99% growth.
Segment-wise Performance
The company operates in two primary business segments with distinct performance trajectories:
| Segment: | Q3FY26 Revenue | Q3FY25 Revenue | Growth | 9M FY26 Revenue |
|---|---|---|---|---|
| Nuts and Dry Fruits: | ₹54.82 crores | ₹47.79 crores | +14.7% | ₹147.19 crores |
| Ice Creams: | ₹21.01 crores | ₹9.45 crores | +122% | ₹52.45 crores |
The nuts and dry fruits segment showed steady growth driven by premiumisation and deeper reach across Tier II and Tier III markets. The ice creams segment demonstrated exceptional expansion with revenue more than doubling in Q3FY26, marking a strategic inflection point with the business now contributing at the PAT level.
Ice Cream Business Turnaround
Melt N Mellow, the company's ice cream division, achieved a remarkable turnaround in Q3FY26:
| Performance Metric: | Q3FY26 | Q3FY25 | Improvement |
|---|---|---|---|
| EBITDA: | ₹2.85 crores | Loss of ₹1.78 crores | Positive turnaround |
| PAT: | ₹0.58 crores | Loss of ₹2.33 crores | Profitable |
| Retail Touchpoints: | 26,000+ | - | Expanded reach |
| Deep Freezers Deployed: | 9,895 units | - | Enhanced infrastructure |
Rights Issue and Capital Strengthening
The company successfully completed a ₹9,999.48 lakh Rights Issue to strengthen its capital base and support growth initiatives:
| Rights Issue Details: | Specifications |
|---|---|
| Issue Size: | ₹9,999.48 lakhs |
| Rights Ratio: | 45 equity shares for every 301 shares held |
| Primary Use: | New nuts processing facility in Kolhapur |
| Secondary Use: | Working capital augmentation |
| Strategic Impact: | Enhanced balance sheet strength |
Earnings Per Share Performance
The company's earnings per share showed substantial improvement across both standalone and consolidated results:
| EPS Type: | Q3FY26 Consolidated | Q3FY25 Consolidated | 9M FY26 Consolidated | 9M FY25 Consolidated |
|---|---|---|---|---|
| Diluted EPS: | ₹2.81 | ₹0.02 | ₹7.28 | ₹3.74 |
| Growth: | +13,950% | - | +95% | - |
Strategic Expansion and Outlook
Chairman and Whole-Time Director Mr. Sujit Bangar highlighted the company's strategic progress, stating that Q3 FY26 represents a strategic inflection point with the Ice Cream business beginning to contribute at the PAT level. The company plans to expand nuts processing capacity from 10 MT per day to 40 MT per day over the next three years.
Krishival Nuts has expanded its footprint to 110+ Tier II and Tier III cities with 10,000+ retail touchpoints, while also establishing presence in Singapore with distribution across 300+ retail touchpoints. Export revenue for the quarter stood at ₹1.68 crores, contributing approximately 3% of total sales.

































