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
scanx
Reviewed by
Ashish ThakurScanX 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.

16442711

*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
+0.85%-5.94%-13.49%+45.47%+42.16%+82.63%
Oceanic Foods
View in Depthredirect
like15
dislike
Explore Other Articles
62.55
+0.53
(+0.85%)