{"id":178262,"date":"2026-01-28T15:28:07","date_gmt":"2026-01-28T20:28:07","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=178262"},"modified":"2026-01-28T15:28:07","modified_gmt":"2026-01-28T20:28:07","slug":"manorama-industries-reports-32-rise-in-q3-profit","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/manorama-industries-reports-32-rise-in-q3-profit\/","title":{"rendered":"Manorama Industries reports 32% rise in Q3 profit"},"content":{"rendered":"\n<p><strong>Manorama Industries Ltd<\/strong>. (MANORAMA.NS) on Tuesday reported a 32% rise in consolidated <strong>net profit<\/strong> for the December quarter, supported by higher <strong>revenue<\/strong>, while its board approved a multi-year <strong>capacity expansion plan<\/strong>.<\/p>\n\n\n\n<p>The Raipur-based specialty fats and edible oils maker said net profit rose to <strong>\u20b97.23 billion<\/strong> in the quarter ended Dec. 31, 2025, from <strong>\u20b95.49 billion<\/strong> a year earlier. Profit was largely unchanged from the September quarter.<\/p>\n\n\n\n<p><strong>Revenue from operations<\/strong> increased to <strong>\u20b936.25 billion<\/strong> from <strong>\u20b920.92 billion<\/strong> a year earlier and <strong>\u20b932.33 billion<\/strong> in the previous quarter, reflecting higher demand from food, confectionery, and industrial customers, according to its regulatory filing.<\/p>\n\n\n\n<p>Total income stood at \u20b937.41 billion, compared with \u20b921.31 billion in the year-ago period.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Cost trends<\/strong><\/h2>\n\n\n\n<p><strong>Cost of materials consumed<\/strong> declined sequentially to <strong>\u20b916.36 billion<\/strong> from \u20b924.31 billion in the September quarter, reflecting inventory adjustments and lower procurement.<\/p>\n\n\n\n<p><strong>Employee benefit expenses<\/strong> rose to <strong>\u20b91.57 billion<\/strong> from \u20b91.34 billion, while <strong>finance costs<\/strong> increased to <strong>\u20b91.34 billion<\/strong> from \u20b90.78 billion, partly due to higher working capital requirements.<\/p>\n\n\n\n<p>Depreciation and amortization remained stable at \u20b90.64 billion. <strong>Other expenses<\/strong> increased to \u20b95.37 billion from \u20b94.83 billion, reflecting higher logistics and administrative costs.<\/p>\n\n\n\n<p>Total expenses eased marginally to \u20b927.82 billion on a quarter-on-quarter basis.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Nine-month performance<\/strong><\/h2>\n\n\n\n<p>For the nine months ended December 2025, <strong>consolidated revenue<\/strong> rose to <strong>\u20b997.54 billion<\/strong> from \u20b953.80 billion a year earlier. <strong>Net profit<\/strong> increased to <strong>\u20b917.25 billion<\/strong> from \u20b96.97 billion.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Segment and market exposure<\/strong><\/h2>\n\n\n\n<p>Manorama operates a single reporting segment covering <strong>exotic seed-based fats and butters<\/strong>, including <strong>cocoa butter equivalents<\/strong>.<\/p>\n\n\n\n<p>The company runs <strong>export-oriented subsidiaries<\/strong> in Africa, the Middle East, and Latin America but did not disclose quarter-specific export and domestic revenue shares.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"752\" height=\"422\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-5.jpg\" alt=\"\" class=\"wp-image-178263\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-5.jpg 752w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-5-300x168.jpg 300w\" sizes=\"auto, (max-width: 752px) 100vw, 752px\" \/><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Capital expenditure<\/strong><\/h2>\n\n\n\n<p>The board approved a <strong>\u20b946 billion capital expenditure plan<\/strong> over the next two to three years to expand capacity and upgrade infrastructure.<\/p>\n\n\n\n<p>Planned investments include new <strong>solvent fractionation and refining facilities<\/strong>, a <strong>cocoa butter alternative unit<\/strong>, and a <strong>backward integration plant in Burkina Faso<\/strong>. Funding will be through a mix of <strong>internal accruals and external sources<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Regulatory and management updates<\/strong><\/h2>\n\n\n\n<p>The company said recently implemented <strong>labor codes<\/strong> were not expected to have a material impact on financial results. It also approved <strong>senior management reappointments and redesignations<\/strong>.<\/p>\n\n\n\n<p>India\u2019s edible oils and specialty fats sector has seen steady demand from confectionery, bakery and packaged food manufacturers, alongside rising export opportunities.<\/p>\n\n\n\n<p>Manorama Industries Ltd. manufactures <strong>specialty fats, cocoa butter equivalents, and exotic seed-based edible oils<\/strong> from its facilities in <strong>Chhattisgarh<\/strong>, supplying domestic and overseas food and industrial customers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manorama Industries Ltd. (MANORAMA.NS) on Tuesday reported a 32% rise in consolidated net profit for the December quarter, supported by higher revenue, while its board approved a multi-year capacity expansion plan. The Raipur-based specialty fats and edible oils maker said net profit rose to \u20b97.23 billion in the quarter ended Dec. 31, 2025, from \u20b95.49 [&hellip;]<\/p>\n","protected":false},"author":2399,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,392,5753,5],"tags":[10169,8874,14982,14578],"class_list":["post-178262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-earnings","category-industrials","category-latest","tag-earnings","tag-industrials","tag-manorama","tag-q3-fy26-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":151540,"url":"https:\/\/alphastreet.com\/india\/manorama-industries-ltd-q1fy24-71-rise-in-profits\/","url_meta":{"origin":178262,"position":0},"title":"Manorama Industries Ltd Q1FY24; 71% rise in Profits","author":"Karan_Singh","date":"August 7, 2023","format":false,"excerpt":"Manorama Industries is engaged in manufacturing specialty fats and butter made from exotic seeds and nuts. Financial Results: Manorama Industries Ltd reported Revenues for Q1FY24 of \u20b9112.00 Crores up from \u20b973.00 Crore year on year, a rise of 53.42%. Total Expenses for Q1FY24 of \u20b998.00 Crores up from \u20b964.00 Crores\u2026","rel":"","context":"In &quot;Agricultural Products&quot;","block_context":{"text":"Agricultural Products","link":"https:\/\/alphastreet.com\/india\/category\/agricultural-products\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-289.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-289.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-289.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-289.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-289.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-289.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171688,"url":"https:\/\/alphastreet.com\/india\/manorama-industries-q2-fy26-earnings-results\/","url_meta":{"origin":178262,"position":1},"title":"Manorama Industries Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 21, 2025","format":false,"excerpt":"Manorama Industries is engaged in manufacturing specialty fats and butter made from exotic seeds and nuts. Presenting below are its Q2 FY26 earnings results. \u00a0 Q2 FY26 Earnings Results Revenue from Operations:\u00a0\u20b9323.31 crore, up\u00a065% YoY\u00a0from \u20b9195.42 crore, and up\u00a011.6% QoQ\u00a0from \u20b9289.55 crore in Q1 FY26.\u200b EBITDA:\u00a0\u20b987.7 crore, up\u00a094% YoY\u00a0from \u20b945.2\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Manorama Industries Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Manorama-Industries-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Manorama-Industries-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Manorama-Industries-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Manorama-Industries-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Manorama-Industries-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Manorama-Industries-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178204,"url":"https:\/\/alphastreet.com\/india\/manorama-industries-q3-fy26-earnings-results\/","url_meta":{"origin":178262,"position":2},"title":"Manorama Industries Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 28, 2026","format":false,"excerpt":"Manorama Industries is engaged in manufacturing specialty fats and butter made from exotic seeds and nuts.\u00a0 Q3 FY26 Earnings Results Revenue from Operations: Standalone \u20b9362.54 cr, +73.3% YoY vs \u20b9209.2 cr, +12.1% QoQ vs \u20b9323.3 cr; consolidated same; record quarterly sales driven by higher demand from chocolate\/confectionery majors, optimized fractionation,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-102.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-102.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-102.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-102.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-102.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/image-102.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170902,"url":"https:\/\/alphastreet.com\/india\/manorama-industries-q1-fy26-earnings-results\/","url_meta":{"origin":178262,"position":3},"title":"Manorama Industries Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"September 3, 2025","format":false,"excerpt":"Manorama Industries is engaged in manufacturing specialty fats and butter made from exotic seeds and nuts. Presenting below are its Q1 FY26 earnings results. \u00a0 Q1 FY26 Earnings Results Revenue: \u20b9289.6 crores, up 118% YoY (Q1 FY25: \u20b9133.4 crores) and up 24.4% QoQ (Q4 FY25: \u20b9232.8 crores). EBITDA:\u00a0\u20b979.0 crores, up\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Manorama Industries Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/7-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/7-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/7-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/7-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/7-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/09\/7-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178661,"url":"https:\/\/alphastreet.com\/india\/aia-engineering-q3-net-profit-rises-13-6-on-margin-expansion-and-forex-gains-revenue-flat\/","url_meta":{"origin":178262,"position":4},"title":"AIA Engineering Q3 Net Profit Rises 13.6% on Margin Expansion and Forex Gains; Revenue Flat","author":"Staff Correspondent","date":"January 30, 2026","format":false,"excerpt":"AIA Engineering Limited (NSE: AIAENG) shares traded marginally higher on Friday after the grinding media manufacturer reported a 13.6% rise in third-quarter net profit, aided by operational efficiencies and a surge in other income that offset muted revenue growth. The stock rose as much as 2.3% to an intraday high\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":179150,"url":"https:\/\/alphastreet.com\/india\/wpil-shares-rise-after-q3-revenue-and-profit-growth-on-strong-international-business\/","url_meta":{"origin":178262,"position":5},"title":"WPIL Shares Rise After Q3 Revenue and Profit Growth on Strong International Business","author":"Staff Correspondent","date":"February 2, 2026","format":false,"excerpt":"Shares of WPIL Ltd (BSE: WPIL) rose in early trade after the engineering and water infrastructure company reported higher revenue and profit for the December quarter, supported by strong growth in its international business and margin expansion. The stock has traded in a 52-week range of INR345.6 to INR768.0 and\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2399"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=178262"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178262\/revisions"}],"predecessor-version":[{"id":178264,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178262\/revisions\/178264"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=178262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=178262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=178262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}