Friday, October 30, 2026

Gopal Snacks posts healthy Q3; profit up 3x, margins double, dividend declared

Date:

Gopal Snacks on Tuesday, January 27, reported a sharp improvement in profitability for the December quarter, with net profit rising nearly three-fold to ₹15.4 crore from ₹5.3 crore in the year-ago period, aided by strong operating leverage and margin expansion.

Revenue from operations in Q3 grew 1.6% year-on-year to ₹399.6 crore from ₹393.5 crore, even as the company continued to manage operational disruptions following the fire incident at its Rajkot facility last year.

Operating performance strengthened significantly, with EBITDA jumping 88.6% year-on-year to ₹29.24 crore from ₹15.5 crore a year earlier. EBITDA margin expanded to 7.32% in the December quarter, nearly doubling from 3.93% in the corresponding period last year, reflecting better cost control and improved efficiencies.

Also read: Axis Bank overtakes Kotak Mahindra Bank to become third-largest private lender by Market Cap

Profit before tax for the quarter stood at ₹19.1 crore, compared with ₹7.5 crore a year ago. The quarter also included a marginal exceptional gain of ₹0.08 crore related to the sale of scrap from assets affected by the Rajkot fire incident.

For the nine months ended December 31, 2025, the company reported a net profit of ₹43.7 crore, compared with ₹58.5 crore in the year-ago period, while revenue stood at ₹1,091.9 crore versus ₹1,150.5 crore last year.

The board of directors has declared a second interim dividend of ₹0.35 per equity share of face value ₹1 each for FY26. The record date for the dividend has been fixed as February 2, 2026, and the payout will be made on or before February 24, 2026.

Also read: Motilal Oswal Q3 Results: Revenue up 18% as asset, wealth management drive growth; dividend declared

The company said it has scaled up production at its Modasa and Nagpur facilities to offset the temporary closure of the Rajkot plant, and has also commissioned a new namkeen facility at Modasa during the quarter to support distribution across Rajasthan, parts of Gujarat and Madhya Pradesh.

Shares of Gopal Snacks ended 0.41% lower at ₹294.80 ahead of the announcement on Tuesday. The stock has dropped 6.53% in the last one month.

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