Orkla India Q1 FY27 Revenue Grows 10.4% to ₹659 Cr, PAT Up 9.7%

Orkla India Limited announced its unaudited financial results for the quarter ended June 30, 2026, reporting a consolidated revenue from operations of ₹659 crore. This represents a year-on-year double-digit growth of 10.4%, driven by broad-based momentum across categories, channels, and geographies. Revenue from the sale of products increased by 11.5% year-on-year, supported by a volume growth of 1.7%.

EBITDA for the quarter stood at ₹115 crore, a 3.0% increase year-on-year (or 7.2% excluding the impact of lower Production Linked Incentive benefits), with an EBITDA margin of 17.5%. Profit After Tax (PAT) before exceptional items (net of tax) grew by 9.7% year-on-year to ₹87 crore, achieving a margin of 13.1%. This growth was aided by higher other income and operating leverage.

Key business highlights for Q1 FY27 include an 11.8% growth in the domestic business and a 10.1% growth in the international business, with a notable 18.1% growth in the GCC region. Spices revenue grew by 11.3% to ₹436 crore, and Convenience Foods revenue grew by 11.9% to ₹220 crore. The modern trade channel saw an 18.6% increase, while the digital commerce channel delivered strong growth of 38.1%, now contributing 8.9% to domestic revenue (up from 7.2% in Q1 FY26). The company also launched 23 new products across categories.

Strategic initiatives include scaling the breakfast opportunity in Convenience Foods, accelerating digital commerce through Project Bolt, restructuring distribution in Kerala, focusing on regional innovations and premiumization in Spices, and building future international growth engines. The company is also expanding its reformulated, non-dairy MTR Minute Meals paneer range for potential entry into UK and European markets.

Sanjay Sharma, Managing Director & CEO, Orkla India, commented, "FY27 has begun on a strong note, with 11.5% revenue growth, driven by broad-based momentum across categories, channels and geographies. The performance underscores the strength of our portfolio, the enduring trust in our brands, and our ability to execute consistently in a dynamic market environment. Looking ahead, we are focused on unlocking multiple growth engines across the business. This includes deepening our leadership in core markets, building a pan-India presence through our Convenience Foods portfolio, and strengthening our channel capabilities, particularly in Digital Commerce and in Kerala. With these priorities in place, we are well positioned to deliver sustainable and profitable growth over the long term."