Revenue increased 32.42 per cent over the preceding six months, while standalone profit rose 25.64 per cent year-on-year.
Highlights:
- H1 FY27 consolidated net profit stood at ₹7.30 crore.
- Consolidated operating revenue reached ₹165.48 crore.
- Expenses rose 35.79 per cent over the preceding half-year.
Mumbai, Nov 15: DSM Fresh Foods, which operates meat and seafood brand Zappfresh, reported a consolidated net profit of ₹7.30 crore for the six months ended September 30, 2026, broadly unchanged from ₹7.31 crore in the preceding half-year.
The company’s consolidated revenue from operations increased 32.42 per cent to ₹165.48 crore during April-September FY27, compared with ₹124.97 crore in the six months ended March 31, 2026.
Including other income, total consolidated income for the latest reporting period stood at ₹165.89 crore.
Higher expenses weighed on profit growth despite the increase in revenue. Consolidated expenses rose 35.79 per cent to ₹155.67 crore, compared with ₹114.64 crore in the preceding six-month period.
The expense increase outpaced revenue growth, leaving the consolidated bottom line nearly unchanged. The ₹7.31 crore profit reported for the preceding half-year was after minority interest.
On a standalone basis, however, DSM Fresh Foods reported stronger year-on-year growth in both revenue and profit.
Standalone net profit increased 25.64 per cent to ₹8.83 crore in H1 FY27, compared with ₹7.03 crore in the corresponding period of the previous financial year.
Standalone revenue from operations rose 60.27 per cent to ₹153.62 crore from ₹95.85 crore in H1 FY26. This represented an increase of ₹57.77 crore over the year-earlier period.
The comparisons use different reporting periods. Consolidated revenue, expenses and profit are compared with the immediately preceding six months, while the standalone growth figures are measured against the corresponding half of the previous financial year.
The consolidated results include the performance of subsidiaries Avyom Foodtech Private Limited, Dubai-based DM Fresh Foods FZ-LLC and Varuna Aquatech Private Limited.
These results therefore reflect a broader group of businesses than the standalone numbers, which cover DSM Fresh Foods itself. The standalone profit of ₹8.83 crore and consolidated profit of ₹7.30 crore relate to these different reporting scopes.
DSM Fresh Foods entered the capital markets in October 2025. Its latest results show revenue growth at both the standalone and consolidated levels, although the comparison periods differ.
For the consolidated business, the main feature of the half-year performance was the gap between sales and expense growth: operating revenue rose by nearly a third over the preceding half-year, but expenses increased faster, limiting the improvement in net profit.
