Anjani Foods posts Rs 5.34 lakh loss despite 8% revenue rise

Anjani Foods Limited posted a consolidated loss of Rs 5.34 lakh for the quarter ended 30 September 2026, despite revenue from operations increasing 8% year on year to Rs 16.54 crore. Total expenditure rose to Rs 16.63 crore, leaving profit before tax of only Rs 2.05 lakh before a Rs 7.39 lakh tax charge.

Why did Anjani Foods report a quarterly loss despite revenue growth?

Anjani Foods reported a loss because its Rs 16.63 crore of quarterly expenditure nearly matched total income of Rs 16.65 crore, producing just Rs 2.05 lakh of profit before tax. Revenue from operations rose from Rs 15.35 crore in the quarter ended 30 September 2025, while other income increased from Rs 6.19 lakh to Rs 11.01 lakh.

The comparison with the prior-year quarter is affected by exceptional items. Profit before exceptional items and tax was Rs 41.85 lakh in the September 2025 quarter, compared with Rs 2.05 lakh in September 2026, a decline of about 95%; however, the prior-year quarter included a Rs 28.92 lakh exceptional item, leaving reported profit before tax of Rs 12.92 lakh.

Material consumption increased to Rs 8.85 crore from Rs 7.82 crore, employee benefits expense rose to Rs 1.85 crore from Rs 1.63 crore, and other expenses reached Rs 5.68 crore from Rs 5.00 crore. Finance costs also increased to Rs 27.50 lakh from Rs 20.49 lakh, although the change in finished-goods inventories reduced expense by Rs 61.32 lakh versus a Rs 23.55 lakh reduction a year earlier.

How did tax and non-controlling interests affect Anjani Foods' result?

Anjani Foods' Rs 7.39 lakh tax expense exceeded its Rs 2.05 lakh profit before tax, resulting in the Rs 5.34 lakh consolidated loss. The tax charge comprised Rs 4.72 lakh of current tax and Rs 2.67 lakh of deferred tax for the quarter ended 30 September 2026.

The loss was also shaped by the allocation of profit between shareholders and non-controlling interests. Owners of the parent were attributed profit of Rs 1.41 lakh, while non-controlling interests were attributed a loss of Rs 6.76 lakh, together producing the group loss shown in the consolidated statement.

Anjani Foods reported basic and diluted earnings per share of Rs 0.01 for the September 2026 quarter, unchanged from the corresponding quarter a year earlier. The filing states that the consolidated accounts include subsidiary Senta Foodwork Private Limited, but it identifies only one reportable segment under Indian Accounting Standard 108, so it provides no separate revenue or profit figures for the subsidiary.

How did Anjani Foods perform in the half year ended September 2026?

Anjani Foods recorded consolidated profit of Rs 6.95 lakh for the half year ended 30 September 2026, compared with a Rs 3.29 lakh loss in the corresponding half year of 2025. Revenue from operations was nearly unchanged at Rs 30.80 crore, versus Rs 30.72 crore, while total income rose to Rs 30.99 crore from Rs 30.82 crore.

Profit before tax rose to Rs 23.19 lakh from Rs 20.99 lakh, despite total expenditure increasing to Rs 30.76 crore from Rs 30.03 crore. The prior-year half-year result included exceptional items of Rs 57.84 lakh, while the latest half-year statement records no exceptional item, limiting direct comparability of the reported figures.

Profit attributable to owners of the parent increased to Rs 17.19 lakh from Rs 4.16 lakh for the six-month period. Non-controlling interests recorded a Rs 10.24 lakh loss, compared with a Rs 7.45 lakh loss in the prior-year half, and basic as well as diluted earnings per share were Rs 0.07 against Rs 0.01 a year earlier.

What changed in Anjani Foods' balance sheet and borrowings?

Anjani Foods' total assets increased to Rs 41.29 crore at 30 September 2026 from Rs 39.06 crore at 31 March 2026. Inventories rose to Rs 5.25 crore from Rs 3.94 crore, trade receivables increased to Rs 2.04 crore from Rs 1.44 crore, and property, plant and equipment declined to Rs 30.41 crore from Rs 31.00 crore.

Non-current borrowings increased to Rs 8.18 crore from Rs 6.75 crore, while current borrowings fell to Rs 3.24 crore from Rs 3.47 crore. Together, the two reported borrowing categories increased to Rs 11.42 crore from Rs 10.22 crore over the six months.

Trade payables to creditors other than micro and small enterprises rose to Rs 5.38 crore from Rs 3.54 crore. Other equity increased to Rs 10.86 crore from Rs 10.69 crore, while the non-controlling interest balance moved to negative Rs 95.54 lakh from negative Rs 85.30 lakh; equity share capital remained Rs 5.59 crore.

What does Anjani Foods' half-year cash flow show?

Anjani Foods used Rs 3.10 lakh in operating activities during the half year ended 30 September 2026, compared with Rs 2.27 crore generated from operating activities in the year ended 31 March 2026. The half-year outflow followed increases of Rs 1.31 crore in inventories, Rs 60.16 lakh in trade receivables and Rs 33.58 lakh in other non-current assets.

A Rs 1.74 crore increase in trade payables partly offset those working-capital movements. Investing activities used Rs 48.83 lakh, including Rs 51.05 lakh spent on property, plant and equipment, while interest received was Rs 2.21 lakh.

Financing activities generated Rs 70.95 lakh, supported by Rs 1.20 crore of proceeds from long-term borrowings. Interest paid was Rs 40.98 lakh and lease-principal payments were Rs 8.46 lakh, leaving cash and cash equivalents at Rs 61.61 lakh on 30 September 2026, compared with Rs 42.60 lakh at the start of the half year. The board approved the unaudited results on 13 November 2026, and M. Anandam & Co. issued a limited-review conclusion.

Conclusion

Anjani Foods converted 8% quarterly revenue growth into a Rs 5.34 lakh consolidated loss as expenditure rose faster than sales and tax expense reached Rs 7.39 lakh. The half-year profit of Rs 6.95 lakh contrasts with the September-quarter loss, while the Rs 10.24 lakh half-year loss allocated to non-controlling interests and Rs 3.10 lakh operating cash outflow remain material parts of the consolidated picture.

The filing gives no management target or operating plan, so subsequent disclosures will be relevant for changes in the Rs 5.25 crore inventory balance, Rs 2.04 crore trade receivables and Rs 11.42 crore of reported borrowings. The single-segment disclosure also leaves unresolved how Senta Foodwork Private Limited contributed to the negative non-controlling-interest balance of Rs 95.54 lakh.