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Krishival Foods shows strong EBITDA growth
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Thursday, 12 November, 2026, 14 : 00 PM [IST]
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Our Bureau, Mumbai
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Krishival Foods Limited reported 28 per cent year-on-year increase in consolidated revenue from operations to Rs 85.66 crore for Q2 FY27, while EBITDA rose 64 per cent to Rs 13.87 crore. EBITDA margin improved to 16 per cent from 12 per cent in the corresponding quarter of the previous fiscal year, reflecting improved operating efficiencies and stronger profitability.
For the first half of FY27, the company recorded a 50 per cent increase in revenue from operations to Rs 174.62 crore, while EBITDA grew 63 per cent to Rs 24.56 crore. EBITDA margin expanded to 14 per cent from 13 per cent in H1 FY26, supported by growth across its healthy snacks and ice cream businesses.
Sujit Bangar, chairman and whole-time director, Krishival Foods, said, “The company’s strong EBITDA growth reflected operating leverage from its expanding business platform and progress in improving profitability. He added that the company's two-business strategy was enabling it to scale operations while maintaining healthy margins.”
The Healthy Snacks division, operating under the Krishival Nuts brand, recorded 19 per cent revenue growth in Q2 FY27, with revenue increasing to Rs 63.16 crore from Rs 53.03 crore in the year-ago quarter. EBITDA grew 33 per cent to Rs 10.44 crore, while EBITDA margin improved to 17 per cent from 15 per cent.
The company said it would continue to focus on premiumisation, product innovation, strengthening sourcing capabilities and expanding its presence across retail and institutional channels to support the division's growth.
Meanwhile, the Melt N Mellow ice cream business emerged as a key growth driver, registering 65 per cent revenue growth to Rs 22.50 crore in Q2 FY27, compared with Rs 13.62 crore in Q2 FY26. EBITDA surged 557 per cent to Rs 3.54 crore from Rs 54 crore, while EBITDA margin improved significantly to 16per cent from 4per cent in the corresponding quarter last year.
The company attributed the improvement to business scale-up and operational efficiencies. It is investing in expanding its distribution network, strengthening cold-chain infrastructure and increasing brand visibility to tap opportunities in the ice cream category.
Going forward, it plans to focus on distribution expansion, capacity utilisation, brand building and investments in manufacturing and supply-chain capabilities. It is also progressing with retail outlet expansion under its ‘Mellow & Co’ format and strengthening its presence in newer markets. The company said it remains focused on building a diversified and scalable FMCG platform through disciplined execution, profitable growth and long-term value creation.
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