Mukka Proteins acquires majority stake in United Gulf Fishery

Mukka Proteins Limited reported a standalone profit before tax of INR 82.88 million for the half-year ended September 30, 2025, up from INR 37.60 million in the same period last year. Total revenue from operations for the half-year reached INR 3,580.63 million. On a consolidated basis, the company posted a profit before tax of INR 116.37 million for the half-year, with total revenue from operations at INR 4,009.62 million.

The board has approved the acquisition of 34,000 shares, representing a 68% stake in United Gulf Fishery Products LLC, an overseas entity based in Oman. This investment, valued at approximately INR 10,000,000, aims to expand Mukka Proteins' business in the Middle East.

The acquisition of United Gulf Fishery Products LLC is expected to be completed by March 31, 2026. This move aligns with Mukka Proteins' strategic investment plans to enhance operational efficiencies and business synergies, further strengthening its position in the manufacturing and trading of fish and other seafood products and animal feed products.