Kaveri Seed Company has announced its financial results for the second quarter and first half of fiscal year 2027. The company reported a significant 29.84% year-on-year growth in revenue for Q2 FY27, reaching ₹125.44 crore. EBITDA for the quarter turned positive at ₹5.42 crore, a substantial improvement compared to the previous year. The company also highlighted operational achievements, including an interim dividend declaration and plans for international subsidiaries.
Kaveri Seed Reports Strong Q2 FY27 Performance
Kaveri Seed Company Limited has declared its financial results for the quarter and half-year ended September 30, 2026. The company announced a robust performance in the second quarter of fiscal year 2027 (Q2 FY27), with revenue from operations reaching ₹125.44 crore, marking a substantial 29.84% increase compared to ₹96.61 crore in Q2 FY26. Significantly, the company’s EBITDA turned positive, growing by 1.84 times to ₹5.42 crore in Q2 FY27, an improvement from a loss of ₹6.47 crore in the prior-year period.
Key Financial Highlights: Q2 FY27 vs. Q2 FY26
- Revenue from Operations: ₹125.44 crore (Q2 FY27) vs. ₹96.61 crore (Q2 FY26)
- EBITDA: ₹5.42 crore (Q2 FY27) vs. (₹6.47) crore (Q2 FY26)
- Net Loss: (₹3.21) crore (Q2 FY27) vs. (₹15.05) crore (Q2 FY26)
Half-Yearly Financial Performance: HIFY27 vs. HIFY26
For the first half of fiscal year 2027 (HIFY27), Kaveri Seed Company reported revenue from operations of ₹940.44 crore, a decrease from ₹1,041.91 crore in HIFY26. However, EBITDA for HIFY27 stood strong at ₹286.68 crore, compared to ₹315.88 crore in HIFY26. The Net Profit for HIFY27 was ₹268.09 crore, down from ₹301.45 crore in the same period last year.
Operational Achievements and Future Outlook
In operational highlights, the company announced an interim dividend of ₹5 per share, representing 250% of the face value. Furthermore, the Board has approved the incorporation of wholly-owned subsidiaries in eight countries, including Tanzania, Kenya, and Vietnam, to bolster its presence and product registrations in international markets. The company noted that El Nino impacted the season, affecting sowing and demand for premium products, but the second quarter showed recovery with improved revenue and positive EBITDA. Exports are highlighted as a key growth driver, rising from ₹12.56 crore to ₹33.07 crore in the first half. The company maintained its EBITDA margin at approximately 30%.
Source: BSE
