KRBL, one of India’s leading branded basmati rice companies and owner of the India Gate brand, announced its consolidated financial results for the quarter ended 30 June 2026. KRBL’s total income stood at Rs. 1,560 crore in Q1 FY27, compared with Rs 1,617 crore in Q1 FY26. Revenue from operations was Rs 1,496 crore, reflecting the impact of lower export revenue during the quarter.
EBITDA increased 65% year-on-year to Rs 372 crore, from Rs 225 crore while EBITDA margin expanded to 23.8% from 13.9% in Q1 FY26.
Profit after tax Increased 73% year-on-year to Rs 261 crore, from Rs 151 crore while PAT margin: Expanded to 16.7% from 9.3%.
Gross profit increased 36% year-on-year to Rs 566 crore while gross margin expanded to 36.3% from 25.7%.. Domestic revenue Increased 14% year-on-year to Rs 1,221 crore, excluding power revenue. Market share stood at 37% in general trade, 38% in modern trade and 41% in eCommerce.
Anil Kumar Mittal, chairman and managing director of KRBL, said, “Q1 FY27 reflects the strength and resilience of our business, with significant improvement in profitability and margins. Our domestic business continued to perform well, supported by the strength of our brands and distribution network. Alongside strengthening our leadership in basmati rice, we are selectively expanding into adjacent food categories.
“The introduction of products such as Poha and Biryani Masala marks another step in this direction. and enable us to leverage our brands and distribution network capabilities across a broader portfolio.. We remain focused on disciplined growth, innovation, and building a more diversified food business, while creating sustainable long-term value.”
KRBL maintained a robust financial position, with cash and investments of Rs 1,841 crore as of June 30, 2026, and continued to operate with low dependence on debt, supported by healthy internal accruals. With an established domestic franchise, a growing product portfolio and an international presence spanning over 90 countries, the Company remains focused on strengthening its core basmati business while developing new avenues for sustainable growth.
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Naresh Khanna – 10 February 2025
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