Gujarat Ambuja Exports (GAEL) Q1 25/26 earnings summary
Event summary combining transcript, slides, and related documents.
Q1 25/26 earnings summary
20 Oct, 2026Executive summary
Q1 FY26 consolidated revenue was ₹1,291.23 crore, while net profit was ₹65.02 crore; both revenue and profit before tax were below Q1 FY25 levels.
Independent review reports for the unaudited standalone and consolidated results concluded that nothing came to the auditors’ attention indicating material misstatement or non-compliance with disclosure requirements.
Financial highlights
Consolidated revenue from operations ₹1,291.23 crore vs ₹1,090.44 crore YoY; total income ₹1,321.59 crore vs ₹1,119.27 crore.
Consolidated profit before tax ₹85.67 crore vs ₹100.33 crore YoY; net profit ₹65.02 crore vs ₹76.71 crore.
Standalone profit before tax ₹86.05 crore vs ₹100.36 crore YoY; net profit ₹65.40 crore vs ₹76.74 crore.
Consolidated total expenses were ₹1,235.92 crore vs ₹1,018.94 crore YoY.
Segment performance
Maize Processing revenue ₹795.80 crore vs ₹910.57 crore YoY; segment result ₹41.60 crore vs ₹92.70 crore.
Other Agro Processing revenue ₹475.60 crore vs ₹164.18 crore YoY; segment result ₹37.43 crore vs ₹0.47 crore.
Spinning revenue ₹17.24 crore vs ₹13.16 crore YoY and recorded a ₹0.25 crore loss vs a ₹1.01 crore loss; Renewable Power revenue was ₹2.59 crore vs ₹2.53 crore, with results of ₹1.69 crore vs ₹1.66 crore.
Total segment results before interest and tax were ₹80.47 crore vs ₹93.82 crore YoY.
Latest events from Gujarat Ambuja Exports
- Q1 FY24 profit fell as Other Agro Processing swung to a segment loss; subsidiary merger approved.GAEL
Q1 23/24 - Q3 earnings improved YoY; a 1:1 bonus issue was recommended, subject to approvals.GAEL
Q3 23/24 - Q2 profit rose YoY, but H1 earnings and operating cash flow weakened.GAEL
Q2 23/24 - FY24 profit rose, but segment results diverged and Q4 revenue declined YoY.GAEL
Q4 23/24 - Q1 FY25 net profit rose year over year as Other Agro Processing returned to profit.GAEL
Q1 24/25 - Other Agro returned to profit as Q2 consolidated PBT and Maize results declined YoY.GAEL
Q2 24/25 - Maize Processing led segment performance as Q3 revenue and net profit declined YoY.GAEL
Q3 24/25 - FY25 profit declined; Maiz Citchem became wholly owned and a ₹0.25 dividend was proposed.GAEL
Q4 24/25 - Q1 margin recovery was led by Maize Processing, with fermentation expansion planned.GAEL
Q1 26/27