Narmada Gelatines Q1 Profit Soars 64% Amidst Sector Challenges
By ThePip Desk
Narmada Gelatines reports a stellar 64.46% profit jump to Rs 81.90 million in Q1 FY26, outperforming sector peers like Innovision and Sri Lak.Sarasw. Text.
Narmada Gelatines recorded a robust financial performance for the June 2026 quarter, with profit after tax surging by 64.46% to Rs 81.90 million. This positive outcome emerged as other firms, Innovision and Sri Lak.Sarasw. Text, reported losses during the same period.
The company’s revenue climbed 23.16% to Rs 563.70 million for the quarter ended June 2026, up from Rs 457.70 million in the corresponding quarter of the previous year. Operating profit also saw a significant increase, reaching Rs 118.60 million.
Key Financial Metrics for Narmada Gelatines
- Profit After Tax: Rs 81.90 million, up 64.46% from Rs 49.80 million.
- Revenue: Rs 563.70 million, a 23.16% increase from Rs 457.70 million.
- Operating Profit: Rs 118.60 million, compared to Rs 75.60 million.
- PBIDT: Rs 118.60 million, marking a 56.88% growth from Rs 75.60 million.
- Profit Before Tax (PBT): Rs 109.50 million, showing a 64.17% rise from Rs 66.70 million.
Other income contributed positively, increasing by 250.00% to Rs 1.40 million from Rs 0.40 million year-over-year. Interest expenses, however, decreased by 37.50% to Rs 1.50 million, down from Rs 2.40 million.
This strong performance positions Narmada Gelatines favourably amidst a varied landscape of corporate earnings. Depreciation expenses saw a rise of 16.92% to Rs 7.60 million, up from Rs 6.50 million in the prior year’s June quarter.
Contrasting Sector Performance
In contrast to Narmada Gelatines’ gains, Innovision registered a loss after tax of Rs -67.05 million. Similarly, Sri Lak.Sarasw. Text reported a loss after tax amounting to Rs -55.17 million, highlighting a challenging quarter for some players in the market.
The June 2026 quarter results present a bifurcated picture, with some entities like Narmada Gelatines demonstrating robust growth and profitability, while others navigate significant losses.