Packaged Foods company Gopal Snacks announced Q1FY26 results Revenue from operation at Rs 322.2 crore. EBITDA stands at Rs 15.2 crore with a margin of 4.7%. Profit Before Tax before Exceptional Items at Rs 5.3 crore. Profit After Tax stands at Rs 2.5 crore with a margin of 0.8%. Earnings per share (Diluted) stood at Rs 0.20 (Not annualized). Bipinbhai Hadvani, Chairman & MD, said: Q1FY26 was a quarter of steady execution and strategic realignment for Gopal Snacks amid a dynamic market landscape. While demand trends remained moderate, the Company delivered a strong performance supported by a focused product mix and operational efficiencies. Revenue from operations stood at Rs 322.2 crore, up 1.7% QoQ. Gross margins improved sequentially to 26.0%, supported by cost optimization and production leverage. EBITDA margins increased to 4.7%, showing the positive impact of our cost-saving efforts and operational focus. An exceptional profit of Rs 0.2 crore was reported during the quarter, relating to scrap sales of fire impacted plant & machinery which occurred in Q3FY25. While the core operations at this plant remain suspended, the Gondal unit continues to serve as a critical replacement facility. The insurance claim process is progressing as per plan, with asset reinstatement and claim recognition expected in due course. Despite this disruption, we ensured minimal impact on product availability and distribution. Improving operational efficiency remained a key priority. The Gondal unit operated at over 60% utilization and played an important role in maintaining stable supply. Modasa and Nagpur plants also performed steadily, supported by a region-based supply chain model that helped reduce costs and improve delivery speed. Our Distribution Management System (DMS) further improved real-time visibility and helped distributors manage stock and orders more efficiently. We remain committed to building a strong foundation for sustained growth. Our manufacturing footprint and backward-integrated model have allowed us to absorb input cost fluctuations while maintaining product quality. During the quarter, our focus on the core and focus markets remained intact, with the appointment of new microdistributors under the SSD model to deepen our regional penetration. A disciplined approach to capacity planning and market development continues to guide our strategy. The Modasa facility expansion remains on track, with commissioning targeted in Q2FY26. This will unlock some incremental production capability to cater to growing demand, especially in the Wafers and Namkeen categories and restoration of Rajkot facility to certain percentage. Enhanced automation and streamlined layouts at the new facility will further strengthen our operational readiness. We also stepped up our marketing and brand-building efforts.New packaging designs, better in-store branding, and greater visibility at airports and public spaces are helping to improve brand recognition. Our growing presence across digital platforms and partnerships with e-commerce and modern retail chains are already beginning to show positive results. Looking ahead, we remain optimistic about the business outlook. Our focus in FY26 will remain on expanding our product range, reaching more customers, and using technology to improve every part of the business, from manufacturing to marketing. As the snacks market in India continues to grow, we aim to strengthen our position in both traditional and modern retail formats. With the support of our experienced team, growing distribution network, and expanding manufacturing capacity, we are well-prepared to capture new growth opportunities and deliver lasting value to all stakeholders. Result PDF