GRM Overseas Limited (NSE: GRMOVER, BSE: 531449) reported consolidated revenue of ₹492.6 crore for Q3 FY26 (October–December 2025), up 28.9% year-on-year, with profit after tax of ₹19.3 crore, up 42.8%. Growth was driven by strong demand in both international basmati exports and the domestic branded business.
Q3 FY26 consolidated highlights (vs Q3 FY25)
| Metric | Q3 FY26 | Q3 FY25 | YoY |
|---|---|---|---|
| Total revenue | ₹492.6 Cr | ₹382.2 Cr | +28.9% |
| EBITDA | ₹31.3 Cr | ₹23.3 Cr | +34.1% |
| EBITDA margin | 6.3% | ~6.1% | +25 bps |
| PAT | ₹19.3 Cr | ₹13.5 Cr | +42.8% |
| PAT margin | 3.9% | 3.5% | +38 bps |
Nine months FY26 (April–December 2025): revenue ₹1,199.1 crore (+11.3% YoY), EBITDA ₹87.3 crore (+28.7%, margin 7.3%), PAT ₹53.1 crore (+30.3%, margin 4.4%).
Corporate actions and outlook
Shareholders approved a 2:1 bonus share issue at the EGM on 9 December 2025; 12.27 crore bonus equity shares were allotted on 26 December 2025. The company is targeting consolidated revenue of ₹3,500 crore by FY28 — roughly ₹2,000 crore from the India business (from ₹539 crore in FY25) and ₹1,500 crore from international (from ₹783 crore in FY25).
Atul Garg, Managing Director, attributed the quarter's growth to strong demand across international and domestic markets and improving traction for GRM's branded portfolio — 10X, Himalaya River and Tanoush.
Related: Investors · Quarterly results · About GRM
