Q2 results impact: KRBL shares rally 13% as September quarter profit jumps 51%

At around 12.10 pm, the stock was trading 11.01 percent higher at Rs 402.75. KRBL Ltd, the maker of India Gate basmati rice, reported a 51 percent year-on-year (YoY) increase in consolidated net profit to Rs 259 crore for the second quarter of the financial year 2026-27 (Q2 FY27), compared with Rs 172 crore in the corresponding quarter of the last fiscal. The company's revenue from operations rose 14.3 percent YoY to Rs 1,727 crore in Q2 FY27, compared with Rs 1,511 crore in the year-ago period.

The growth was primarily driven by higher domestic revenue, which partially offset by lower export revenue. Operating performance also improved during the quarter, with KRBL’s consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) increasing 46 percent YoY to Rs 333 crore in the quarter under review from Rs 228 crore reported a year earlier. EBITDA margin expanded to 19.2 percent in Q2 FY27 from 15.1 percent in the same quarter of the previous financial year.

KRBL's domestic business was the key growth driver during the September quarter, with India revenue rising 33 percent YoY. The company recorded its highest-ever domestic revenue this quarter, supported by higher sales volumes and improved realisations. KRBL's export business, however, faced pressure in Q2 FY27, with export revenue declining 31 percent YoY, primarily due to lower shipments to the Middle East region.

KRBL H1 FY27 performance For the first half of FY27, KRBL’s net profit increased to Rs 520 crore from Rs 323 crore in H1 FY26. Its revenue stood at Rs 3,223 crore in H1 FY27 against Rs 3,095 in the corresponding period last year. EBITDA also registered strong growth, rising to Rs 745 crore in H1 FY27 from Rs 482 crore in H1 FY26. KRBL share price history KRBL shares have gained nearly 12 percent over the past week while the stock has gained 9.46 percent in six months and 1.48 percent on year-to-date basis.

At the latest trading price, KRBL commands a market capitalisation of approximately Rs 9,201.37 crore, according to BSE data. Its 52-week high stands at Rs 452.25.