GRM Overseas Q4 Revenue Nearly Doubles to ₹600 Crore; Profit Rises as Rice Export Giant Expands Equity Base

Revenue Jumps 107% in Q4

For the March quarter, GRM Overseas reported consolidated revenue of ₹600 crore, marking a robust 107% year-on-year increase from ₹290 crore recorded in the corresponding quarter last year.

Consolidated net profit rose marginally to ₹21.6 crore from ₹20.5 crore in Q4 FY25, reflecting steady earnings growth amid a significant rise in business volumes.

However, operating profitability came under pressure during the quarter. EBITDA declined to ₹30 crore from ₹32.7 crore a year ago, while EBITDA margin contracted sharply to 5.0% from 11.2%, indicating higher input costs and increased operating expenses despite strong topline growth.

Trading Approval for 2.31 Crore Shares Boosts Liquidity

In a separate development, GRM Overseas recently received approvals from the National Stock Exchange (NSE) and BSE for the listing and trading of 2.31 crore equity shares issued through warrant conversions and a bonus issue.

Trading in these shares commenced on May 27, 2026.

The issuance includes 77.18 lakh equity shares allotted to promoters and non-promoters following the conversion of warrants. Additionally, the company allotted 1.54 crore bonus shares in a 2:1 ratio on the converted shares.

All shares carry a face value of ₹2 each, while the preferential allotment was executed at a premium of ₹148 per share. The move is expected to enhance liquidity in the stock and broaden the company’s equity base.

Global Rice Exporter with Presence in 42 Countries

Founded in 1974 as a rice processing and trading business, GRM Overseas has evolved into one of India’s top five rice exporters and a prominent consumer food company.

The company exports to 42 countries and operates three processing facilities across Haryana and Gujarat, with an annual production capacity of 4.41 lakh metric tonnes. It also maintains large warehousing infrastructure near the ports of Kandla and Mundra.

GRM markets its products under well-known brands including “10X,” “Himalaya River,” and “Tanoush,” while also serving private-label customers. In recent years, the company has strengthened its direct-to-consumer presence through major retail channels in India and international markets.

Despite margin compression in the latest quarter, the strong revenue growth and expanding market reach underscore the company’s continued momentum in the global rice and packaged foods segment.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.