Orkla India reported a 19.2% profit rise to ₹91 crore for the second quarter of FY27. Revenue grew 19.4% to ₹776 crore, largely driven by strong sales in the spices business. While higher input costs and expansion investments weighed on margins, the company used strategic pricing to maintain its market competitiveness.
Orkla India reported 19% growth in revenue and profit in the September quarter, led by its spices business, while higher input costs and expansion investments weighed on operating margins.
Orkla India reported a 19.4% year-on-year increase in consolidated revenue from operations to ₹776 crore in the second quarter of FY27, compared with ₹650 crore in the corresponding quarter last year.
The company's profit after tax (PAT) rose 19.2% to ₹91 crore in Q2 FY27 from ₹77 crore a year earlier. EBITDA increased 12.6% year-on-year to ₹124 crore from ₹110 crore in the year-ago quarter.
However, EBITDA margin declined to 15.9% in the September quarter from 16.9% in Q2 FY26. The company attributed the margin movement primarily to higher input costs and investments in Project Bolt. Strategic pricing actions helped mitigate cost pressures while maintaining market competitiveness.
Revenue from the sale of products grew 18.4% year-on-year, while volume growth stood at 2.9%. The spices category led growth, recording a 25.1% increase during the quarter. Convenience Foods reported growth of 7.7%, despite a shift in the festive calendar.
Orkla India's domestic business grew 20% year-on-year, while its international business registered growth of 11.7%, despite a volatile geopolitical environment. The company said growth was supported by 15 new innovations aimed at expanding buying occasions and consumer touchpoints.
In its digital commerce business, revenue contribution in the domestic market increased to 10% in Q2 FY27 from 8.9% in Q1 FY27. Revenue growth in the digital commerce channel stood at 23% year-on-year, while digital commerce revenue outside South India grew 33.6%.
For the first half of FY27, consolidated revenue from operations increased 15.1% year-on-year to ₹1,435 crore from ₹1,247 crore. EBITDA rose 7.8% to ₹239 crore from ₹221 crore, while EBITDA margin stood at 16.6%, compared with 17.8% in the corresponding period last year.
PAT for H1 FY27 increased 14.4% to ₹179 crore from ₹156 crore in the year-ago period. The company reported a PAT margin of 12.5% for the first half, unchanged from the corresponding period last year.
Orkla India is a food company operating in categories including spices and convenience foods. Its product portfolio includes brands rooted in South Indian culinary traditions.
Orkla India shares closed at ₹530 on the NSE, up ₹3.25 or 0.62%.