KRBL Limited has announced a substantial rise in profitability for the June quarter, driven by strong domestic demand and brand expansion, despite a decline in export revenue amid geopolitical challenges.
KRBL Limited reported a sharp improvement in profitability for the June quarter, even as overall income dipped on weaker export sales. The basmati rice maker, whose India Gate brand is among the best known in the category, said consolidated total income for the first quarter of FY27 was Rs.1,560 crore, down from Rs.1,617 crore a year earlier, while revenue from operations fell to Rs.1,496 crore. NewsVoir, carrying the company’s announcement, said the decline reflected softer export revenue during the period.
The company’s bottom line, however, strengthened significantly. EBITDA rose 65% year-on-year to Rs.372 crore, lifting the margin to 23.8% from 13.9% a year earlier, while profit after tax increased 73% to Rs.261 crore, with the PAT margin widening to 16.7% from 9.3%. Gross profit climbed 36% to Rs.566 crore. Business Standard’s recent report on KRBL’s quarterly performance showed the company had also been coming off a solid FY26 finish, with revenue and operating profit both rising in the March quarter.
Domestic demand remained the main support for the business. KRBL said domestic revenue, excluding power income, increased 14% to Rs.1,221 crore, while market share stood at 37% in general trade, 38% in modern trade and 41% in e-commerce. According to the company, that strength is being backed by its distribution network and brand portfolio, and it is also pushing into adjacent foods such as Poha and Biryani Masala to broaden the business beyond basmati rice.
Management has been more cautious on exports, with analysts at Arthneeti noting that geopolitical disruption in the Middle East has made near-term volumes harder to predict. The company said it remains focused on disciplined growth and innovation, while keeping a strong balance sheet. KRBL reported cash and investments of Rs.1,841 crore as of June 30, 2026, and said it continues to rely little on debt. StockAnalysis data shows the company ended FY26 with annual revenue of about Rs.60.98 billion and net income of Rs.6.48 billion.
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