KRBL Limited (NSE: KRBL) is a leading exporter of basmati rice in India, with a market share of over 25% in the branded basmati rice segment. The company was established in 1889 and is headquartered in Noida, Uttar Pradesh. It has a production capacity of over 2.5 million tons of paddy annually, and its flagship brand, India Gate, is a well-known name in the basmati rice market.
In terms of earnings, Revenue from Operations for Q3 FY23 was ₹1,536 crore, a 33% increase from ₹1,153 crore in the same period last year. The third quarter’s other income, which contributed ₹18 Crore to the Total Revenue. Meanwhile, the Profit Before Tax decreased to ₹274.54 Crore from ₹100.36 Crore from the same quarter previous year. The Consolidated Net Profit was ₹205.45 crore, up 180% from ₹73.36 crore in the same quarter last year. This quarter’s earnings per share was ₹8.73.