The performance was boosted by strong demand and deep penetration in Tier-II and -III markets and stable foothold in general and modern trade along with accelerated-commerce and export channels.
Krishiwal Foods, a fast-growing Indian FMCG company with a diverse portfolio of dry fruits, nuts and ice creams, has reported a multi-fold increase in net profit to ₹6 crore in the December quarter due to strong wedding and festive demand.
The company’s revenue grew 40 per cent to ₹77 crore while EBITDA more than doubled to ₹12 crore.
The performance was boosted by strong demand and deep penetration in Tier-II and -III markets and stable foothold in general and modern trade along with accelerated-commerce and export channels. It said there has been sustained growth in the nuts business and a successful turnaround in the ice cream segment, which is now contributing to the PAT level.
Sujit Bangar, chairman and whole-time director, said the ice cream business, Melt N Mellow, has also started contributing at the PAT level, much before the maturity of the scale. This reflects the strength of the company’s operating model, improved capacity utilization and sharp focus on cost discipline amid seasonal headwinds.
He said the nuts business, Krishiwal Nuts, is delivering consistent topline growth and margin expansion, supported by premiumisation, festive and wedding-related demand, procurement discipline and operating leverage.
With the completion of its rights issue, he said, the company is well capitalized to invest in processing infrastructure, working capital efficiency and scalable, margin-enhancing growth initiatives.
At 11.40 am on Wednesday, the company’s shares were up one per cent at ₹352.
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Published on February 11, 2026
