Brands
KRBL Q3 consolidated profit at Rs 170 crore
Nine months PAT Rs 493 crore on Rs 4,572 crore revenue, Agri segment drives growth.
MUMBAI: KRBL isn’t just cooking rice, it’s serving up a hearty profit platter even as some costs bubble over. The Delhi-based basmati giant reported consolidated profit after tax of Rs 169.97 crore for the quarter ended 31 December 2025, down slightly from Rs 172.11 crore a year earlier, despite a revenue dip.
Revenue from operations stood at Rs 1,476.93 crore (down from Rs 1,681.90 crore), with other income Rs 24.62 crore, pushing total income to Rs 1,501.55 crore. Expenses totalled Rs 1,272.86 crore materials Rs 1,498.36 crore (offset by inventory changes of Rs -461.71 crore), employee costs Rs 59.98 crore, finance Rs 1.45 crore, depreciation Rs 23.27 crore, other expenses Rs 140.06 crore. Profit before tax Rs 228.69 crore, tax Rs 58.72 crore.
The nine-month view looks more appetising, revenue from operations Rs 4,572.36 crore (up from Rs 4,151.56 crore), total income Rs 4,656.40 crore, profit before tax Rs 662.76 crore, PAT Rs 492.66 crore (up from Rs 321.84 crore). Attributable entirely to owners (no non-controlling interest impact). EPS Rs 2.15 basic/diluted for Q3, Rs 21.52 for nine months.
Segment breakdown reveals the real flavour: Agri (basmati and related) delivered Rs 1,492.66 crore Q3 revenue and Rs 222.96 crore segment results before finance/tax. Energy (power generation) added Rs 63.06 crore revenue and Rs 9.70 crore results. Nine months Agri Rs 4,554.53 crore revenue, Rs 618.84 crore results; Energy Rs 180.45 crore revenue, Rs 56.83 crore results. Inter-segment adjustments Rs -162.62 crore.
Geographical split, Agri India Rs 1,135.64 crore Q3, Rest of World Rs 357.02 crore; full nine months India Rs 3,278.70 crore, Rest of World Rs 1,275.83 crore. Energy fully India-based.
Full-year prior (31 March 2025): revenue ops Rs 5,593.81 crore, PAT Rs 476.05 crore, EPS Rs 20.80.
In a market where rice prices can swing like monsoon winds, KRBL keeps the grains steady top-line pressure in Q3 but strong nine-month momentum and Agri muscle proving the brand still packs plenty of punch. Whether you’re tracking stocks or just your next biryani, the numbers show this staple player isn’t short of steam.
Brands
Lululemon picks former Nike executive to be its next chief
Heidi O’Neill, who helped grow Nike into a $45 billion giant, will take the top job in September
CANADA: Lululemon has found its next chief executive, and she comes with serious credentials. The athleisure giant named Heidi O’Neill as its new CEO on Wednesday, ending a search that has left the company running on interim leadership since earlier this year. O’Neill will take charge on September 8, 2026, based out of Vancouver, and will join the board on the same day.
O’Neill brings more than three decades of experience across performance apparel, footwear and sport. The bulk of that time was spent at Nike, where she was a central figure in one of corporate sport’s great growth stories, helping take the company from a $9 billion business to a $45 billion global powerhouse. She oversaw product pipelines, brand strategy and consumer connections, and played a significant role in shaping how Nike spoke to athletes around the world. Earlier in her career, she worked in marketing for the Dockers brand at Levi Strauss. She also brings boardroom experience from Spotify Technology, Hyatt Hotels and Lithia and Driveway.
The board was unequivocal in its enthusiasm. “We selected Heidi because of the breadth of her experience, her demonstrated success delivering breakthrough ideas and initiatives at scale, and her ability to be a knowledgeable change and growth agent,” said Marti Morfitt, executive chair of Lululemon’s board.
O’Neill, for her part, was bullish. “Lululemon is an iconic brand with something rare: genuine guest love, a product ethos rooted in innovation, and a global platform still in the early stages of its potential,” she said. “My job will be to accelerate product breakthroughs, deepen the brand’s cultural relevance, and unlock growth in markets around the world.”
Until she arrives, Meghan Frank and André Maestrini will continue as interim co-CEOs, before returning to their previous senior leadership roles once O’Neill steps in.
Lululemon is betting that a Nike veteran who helped build one of the world’s most powerful sports brands can do something similar for an athleisure label that has genuine love from its customers but is still chasing its full global potential. O’Neill has done it before at scale. The question now is whether she can do it again.
