GRM Overseas' Q2 FY 2025-26 Quarterly Results

Result Summary

• GRM Overseas Ltd reported a 11.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 16.2%.
• Its expenses for the quarter were up by 14.4% QoQ and 14.9% YoY.
• The net profit decreased 22.7% QoQ and increased 60.6% YoY.
• The earnings per share (EPS) of GRM Overseas Ltd stood at 2.37 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

GRM Overseas Ltd is a company primarily engaged in the business of rice processing and exportation, with a strong focus on basmati rice. As a player in the agribusiness and food sector, GRM Overseas Ltd has established a significant presence in both domestic and international markets. The company is known for its commitment to quality and has been working towards expanding its product portfolio and market reach. Recent developments in the company are not available but typically involve strategic partnerships, expansion into new markets, or enhancements in their production capabilities.

Revenue

During the second quarter of the financial year 2026 (Q2FY26), GRM Overseas Ltd reported a total income of ₹372.08 crores. This represented an increase from the previous quarter (Q1FY26), where total income was ₹334.43 crores, marking a quarter-over-quarter (QoQ) growth of 11.3%. Compared to the same quarter in the previous year (Q2FY25), where total income was ₹320.22 crores, there was a year-over-year (YoY) increase of 16.2%. This growth in revenue over both the previous quarter and the same period last year signifies a robust performance in terms of income generation.

Profitability

The company's profitability metrics for Q2FY26 show a Profit Before Tax (PBT) of ₹18.58 crores, compared to ₹25.38 crores in Q1FY26, representing a decrease of 26.8% on a QoQ basis. However, when measured against Q2FY25, where the PBT was ₹12.66 crores, there was a YoY increase of 46.8%. The Profit After Tax (PAT) for Q2FY26 was ₹14.76 crores, a decrease from ₹19.09 crores in Q1FY26, showing a 22.7% decline QoQ. Nevertheless, compared to the PAT of ₹9.19 crores in Q2FY25, there was an increase of 60.6% YoY. Earnings Per Share (EPS) for Q2FY26 stood at ₹2.37, down from ₹2.76 in Q1FY26, reflecting a 14.1% decline QoQ, but an increase of 60.1% from ₹1.48 in Q2FY25 YoY.

Operating Metrics

In the second quarter of FY26, GRM Overseas Ltd reported total expenses amounting to ₹353.50 crores, which is an increase from ₹309.05 crores in Q1FY26, marking a 14.4% increase QoQ. When compared to Q2FY25, where expenses were ₹307.57 crores, there was a YoY increase of 14.9%. The tax expenses for Q2FY26 were ₹3.82 crores, down from ₹6.29 crores in Q1FY26, showing a 39.3% decrease QoQ, but up by 10.4% from ₹3.46 crores in Q2FY25 YoY. These operating metrics reflect the company's financial activities concerning income generation, expense management, and tax obligations during the reported period.