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Krishival Foods’ Q3 profit jumps to Rs 6.41 crore

Revenue rises to Rs 76.86 crore as margins expand to 15.01 per cent

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MUMBAI: Krishival Foods Limited has posted a sharp jump in revenue and profits for the quarter ended 31 December 2025, as festive demand, operating leverage and an unexpected winter surge in ice cream sales lifted margins.

The Mumbai-based FMCG company reported unaudited revenue of Rs 76.86 crore for the third quarter, up 40 per cent year on year. Ebitda rose 263 per cent to Rs 11.54 crore, with margins expanding to 15.01 per cent. Net profit climbed to Rs 6.41 crore from Rs 0.05 crore a year earlier.

For the nine months ended December, total revenue reached Rs 197.57 crore, nearing the Rs 202 crore reported for the full previous financial year.

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The standout performer was Melt N Mellow, the company’s ice cream business, which turned profitable at the Pat level for the first time despite the winter season. Quarterly revenue more than doubled to Rs 21.01 crore, while Pat swung to a profit of Rs 0.58 crore from a loss of Rs 2.33 crore a year ago.

The core Krishival Nuts business continued to anchor growth, buoyed by festive and wedding-season demand. Quarterly revenue rose 14.7 per cent to Rs 54.82 crore, while nine-month revenue increased 22 per cent to Rs 147.19 crore. Segment Pat for the quarter surged 146 per cent to Rs 5.88 crore.

To fund expansion, the company recently closed a Rs 9,999.48 lakh rights issue, offering 45 shares for every 301 held. Proceeds will be used to set up a new processing facility in Kolhapur, Maharashtra, aimed at quadrupling daily nut processing capacity from 10 metric tonnes to 40 metric tonnes over three years.

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Krishival has also expanded its retail footprint, with more than 10,000 nut touchpoints across 110 cities, over 26,000 ice cream outlets, and nearly 9,900 deep freezers deployed across five states. Internationally, the company has entered Singapore, where it is present in more than 300 retail outlets.

Chairman Sujit Bangar described the period as a strategic inflection point, as the company scales its dual-brand portfolio positioned around premium-yet-accessible snacking.

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Brands

Faber-Castell India appoints Sunaina Haldar as director – marketing

With stints at Tata, SleepyCat and ADF Foods under her belt, Haldar is primed to redraw Faber-Castell’s brand story

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MUMBAI: Faber-Castell India has poached Sunaina Haldar from ADF Foods, appointing her director – marketing as the German stationery brand looks to muscle up in a category that is rapidly reinventing itself around creativity and self-expression.

Haldar hit the ground running. “My first couple of weeks have been incredibly energising, understanding consumers, visiting markets, engaging with retailers and immersing myself into the world of Faber-Castell Group,” she said.

She arrives with considerable firepower. At ADF Foods, Haldar ran marketing across India and international markets for a portfolio spanning Ashoka, Aeroplane, Camel and ADF Soul. Before that, she was vice-president – marketing at direct-to-consumer mattress brand SleepyCat, where she helmed brand, content and performance marketing. Her résumé also includes a stint leading marketing, new product development and CRM for Tata SmartFoodz at Tata Consumer Products, no small proving ground.

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Between corporate roles, Haldar also operated as a fractional CMO for early-stage startups, building marketing strategy and operational structures from scratch, a signal that she knows how to move fast with limited resources.

With 18 years straddling FMCG, D2C and the startup world, Haldar now takes the reins at a brand that has long owned the classroom but is clearly hungry for the living room. In a stationery market where the pencil has become a lifestyle statement, Faber-Castell has picked someone who knows exactly how to sell that story.

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