Apex Frozen Foods reports 39% revenue surge in Q1

Apex Frozen Foods reported net revenue surging 39% year-on-year to Rs 2,582m in Q1FY26. Profit after tax climbed 139% to Rs 91m.

EBITDA grew 66% to Rs 184m, with the margin reaching 7.1%. Gross profit increased 47% to Rs 879m, achieving a margin of 33.7%.

Total shrimp sales rose 17% year-on-year to 3,015 MT, with sales to the USA increasing 18% and to the EU by 22%. Ready-to-eat products improved to 15% of total shrimp sales.