HOAC Foods Reports Q2 Results; Consolidated Group Income Reaches ₹208.89 Lakhs

HOAC Foods Reports Q2 Results; Consolidated Group Income Reaches ₹208.89 Lakhs

HOAC Foods Reports Q2 Results; Consolidated Group Income Reaches ₹208.89 Lakhs​

HOAC Foods India Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported stable performance across both consolidated and standalone financials. Furthermore, an auditor's certificate detailed the utilization of funds raised through a Qualified Institutions Placement (QIP).

Consolidated Financial Performance​

The Group demonstrated strong operational revenue during the quarter. Key figures for the quarter ended June 30, 2026, and the corresponding period for the full financial year ending March 31, 2026, are detailed below:

MetricQuarter Ended June 30, 2026 (₹ in Lakhs)Full Year Ended March 31, 2026 (₹ in Lakhs)
Total Income (I+II)2,011.975,049.15
Profit After Tax208.89440.70
EPS (Basic per equity share of face value Rs. 10)4.7110.46

The consolidated statement also included performance data for the quarter ended March 31, 2026, and June 30, 2025.

Standalone Financial Results​

On a standalone basis, HOAC Foods India Limited generated total income of ₹1,855.94 Lakhs for the quarter ended June 30, 2026. The company recorded a profit after tax amounting to ₹191.15 Lakhs during the period.

Key financial metrics for the standalone entity are summarized in the table below:

MetricQuarter Ended June 30, 2026 (₹ in Lakhs)Full Year Ended March 31, 2026 (₹ in Lakhs)
Total Income (I+II)1,855.944,911.33
Profit for the Period191.15439.98
EPS (Basic per equity share of face value Rs. 10)4.4010.44

Fund Utilization Update​

The audit findings also provided a certificate regarding the utilization of funds raised through the Qualified Institutions Placement (QIP). The original allocation and actual usage of proceeds as on June 30, 2026, are summarized in the following table:

Object as Disclosed in Offer DocumentAmount Disclosed (₹ Lakhs)Actual Utilised Amount (₹ Lakhs)Unutilized Amount (₹ Lakhs)
Funding working capital requirements of the Company785.00475.00310.00
General corporate purposes137.77137.770.00
Total922.77612.77310.00

The unutilized funds are noted to be held in the Company's Current Account.

HOACFOODS Stock Price Movement​

On Friday, shares of Hoac Foods India Limited gained by 1.37%, settling at ₹729.95 in the close. The equity saw a traded volume of 1,500 shares throughout the session.
 

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Editorial Note

This news article was written and created by Shreyas, and published on IST.
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