Foods & Inns Reports Q1 FY'27 Results; Highlights operational shifts and AGM plans

Foods & Inns Reports Q1 FY'27 Results; Highlights operational shifts and AGM plans​

Foods & Inns Limited announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the performance across both standalone and consolidated segments during a meeting held on August 11, 2026.

The company also scheduled its 54th Annual General Meeting (AGM) and provided updates on industry-specific performance and financial indebtedness.

Q1 FY'27 Segment Performance​

The operating performance of the Foods & Inns segment showed varying results for the quarter ended June 30, 2026. Sales (in Rs. Crores/-) were reported at 150, down 34% compared to Q1 FY'26 (229).

Key metrics and breakdowns for the Foods & Inns segment are as follows:

Business Commentary​

The company cited several factors affecting its various product lines:

• Export Segment: Sales volumes in the export segment faced challenges due to ongoing war situation impacting freight and container availability. Approximately 1800 MT of finished goods are currently awaiting shipment. The average realization declined by approximately 18.5% year over year, which was attributed to sales of inventory manufactured during the 2025 crop season at lower raw material costs.
• Fruit & Vegetable Pulps: The company noted that the fruit price for Mango was low in the current procurement season compared to last year, expecting continued low realization this year. Furthermore, canned Tomato products could not be executed against confirmed orders due to poor quality of Raw Materials.
• Spray Dried powders: This division saw a 22% growth in volumes during the quarter.
• Frozen Food: Frozen food segments witnessed positive trends, reporting volume growth of approximately 10% and value growth of approximately 19.5% year over year in Q1 FY'27. Improved realizations were noted, reflecting higher contribution from value-added products and growing demand from the US market.
• Kusum Spices: The spice business grew by 14.7% year over year in Q1 FY'27.

Financial Performance Summary (Q1 FY'27)​

The unaudited financial statements reflect the results of both the Foods & Inns segment and the consolidated Group performance.

Standalone Segment Results​

For the quarter ended June 30, 2026, the standalone operations recorded a Revenue from Operations of 15,237.62 (in Lakhs). Net Profit for the Period after Tax stood at 418.21.

Consolidated Group Results​

The consolidated results showed Total Income of 15,957.77 (in Lakhs) for the quarter ended June 30, 2026. The Net Profit after Tax was reported at 383.11.

Corporate Governance and Debt Status​

Annual General Meeting:
The Board approved holding the 54th Annual General Meeting (AGM) on Monday, September 28, 2026, via Video Conferencing ('VC')/Other Audio-Visual Means ('OAVM'). The cut-off date for remote e-voting in the AGM was set as Monday, September 21, 2026.

Financial Indebtedness:
The company reported a Total financial indebtedness of 46,916.60 Lakhs, which includes short-term and long-term debt. The amount outstanding for revolving facilities like cash credit from banks/financial institutions as of June 30, 2026 was 35,007.82 Lakhs, with no reported default on this total amount.

FOODSIN Stock Price Movement​

Foods & Inns Limited shares slipped on Tuesday, shedding 0.92% to settle at ₹53.07. The stock traded a volume of 49,704 shares during the session.