Oceanic Foods Reports 33.8% Profit Growth, Incorporates New Subsidiary

1 min read     Updated on 10 Nov 2025, 06:34 PM
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Reviewed by
Radhika SScanX News Team
Overview

Oceanic Foods Limited, a dehydrated vegetables and herbs producer, reported a 33.8% increase in quarterly profit to ₹164.67 lacs for Q2 2025. Net sales rose by 25.53% to ₹4,307.40 lacs. The company's half-year profit increased by 43.77% to ₹319.35 lacs. Oceanic Foods also incorporated a new subsidiary, Oceanic Food Ingredients Limited, on September 1, 2025, holding a 51% stake. Total assets grew to ₹9,306.98 lacs as of September 30, 2025.

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*this image is generated using AI for illustrative purposes only.

Oceanic Foods Limited , a leading producer of dehydrated vegetables and herbs, has reported a significant increase in profits for the quarter ended September 30, 2025. The company's financial results, approved by the Board of Directors on November 10, 2025, reveal a robust performance and strategic expansion.

Financial Highlights

The company's quarterly profit surged to ₹164.67 lacs, marking a 33.8% increase from ₹123.06 lacs in the same period last year. This growth was supported by a 25.53% rise in net sales, which reached ₹4,307.40 lacs compared to ₹3,431.44 lacs in the previous year.

For a clearer picture of the company's financial performance, here's a breakdown of the key figures:

Particulars (in lacs) Q2 2025 Q2 2024 % Change
Net Sales 4,307.40 3,431.44 25.53%
Total Income 4,488.78 3,614.92 24.17%
Net Profit 164.67 123.06 33.81%
EPS (in ₹) 1.46 1.09 33.94%

Half-Year Performance

The half-year results are equally impressive. Oceanic Foods reported a profit of ₹319.35 lacs for the six months ended September 30, 2025, compared to ₹222.13 lacs in the same period last year, representing a 43.77% increase.

New Subsidiary

In a strategic move to expand its business, Oceanic Foods incorporated a new subsidiary, Oceanic Food Ingredients Limited, on September 1, 2025. The parent company holds a 51% stake in this new entity, signaling its intent to diversify and strengthen its market position.

Balance Sheet Strength

As of September 30, 2025, Oceanic Foods' total assets stood at ₹9,306.98 lacs, up from ₹9,075.91 lacs at the end of the previous fiscal year. This increase in assets indicates the company's growing operational scale and financial stability.

Segment Focus

Oceanic Foods continues to operate within a single business segment, focusing on the production and sale of dehydrated vegetables and herbs. This specialized focus appears to be yielding positive results, as evidenced by the company's strong financial performance.

The company's consistent growth and strategic initiatives, including the incorporation of a new subsidiary, suggest a positive outlook for Oceanic Foods Limited. Investors and market watchers will likely keep a close eye on how these developments translate into long-term value creation for the company.

Historical Stock Returns for Oceanic Foods

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Oceanic Foods Reports Robust Q1 FY2026 Results with 32.6% Revenue Growth and 56.1% Profit Surge

1 min read     Updated on 11 Aug 2025, 12:55 PM
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Reviewed by
Ashish TScanX News Team
Overview

Oceanic Foods, a Jamnagar-based producer of dehydrated vegetables and herbs, announced impressive Q1 FY2026 results. Total revenue from operations increased by 32.6% to ₹4,126.86 lakhs. Net profit surged 56.1% to ₹154.68 lakhs, while EBITDA grew 37.4% to ₹344.56 lakhs with margins improving from 8.0% to 8.3%. The company reported an EPS of ₹1.37 for the quarter. The Board of Directors approved these unaudited results, which were reviewed by Kamlesh Rathod & Associates, Chartered Accountants.

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*this image is generated using AI for illustrative purposes only.

Oceanic Foods , a Jamnagar-based producer of dehydrated vegetables and herbs, has announced strong financial results for the first quarter of fiscal year 2026, demonstrating significant growth across key metrics.

Financial Highlights

  • Revenue Growth: Total revenue from operations reached ₹4,126.86 lakhs, marking a substantial 32.6% increase year-over-year.
  • Profit Surge: Net profit jumped by 56.1% to ₹154.68 lakhs, showcasing the company's improved profitability.
  • EBITDA Performance: EBITDA grew by 37.4% to ₹344.56 lakhs, with margins improving from 8.0% to 8.3% compared to the previous year.
  • Earnings Per Share: The company reported an EPS of ₹1.37 for the quarter.

Operational Performance

Oceanic Foods demonstrated strong operational efficiency during the quarter:

Metric Amount (₹ in lakhs)
Net Sales 4,061.15
Changes in Inventories 873.37
Cost of Materials Consumed 3,918.73
Finance Costs 92.38

Management Approval

The Board of Directors of Oceanic Foods approved these unaudited results at a meeting held on August 11, 2025. The meeting commenced at 11:00 AM and concluded at 12:15 PM.

Auditor's Review

Kamlesh Rathod & Associates, Chartered Accountants, conducted a limited review of the financial results. They reported that nothing has come to their attention that causes them to believe that the financial statements do not present a true and fair view in accordance with applicable accounting standards and generally accepted accounting principles.

Company Overview

Oceanic Foods specializes in the production and sale of dehydrated vegetables and herbs, operating within a single business segment focused on these product categories.

This strong quarterly performance underscores Oceanic Foods' robust business model and its ability to capitalize on market opportunities in the dehydrated food sector. The significant growth in revenue and profitability reflects the company's operational efficiency and strong market position.

Historical Stock Returns for Oceanic Foods

1 Day5 Days1 Month6 Months1 Year5 Years
-0.79%+17.76%+15.89%+47.85%+49.00%+85.30%
Oceanic Foods
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