Q3-FY26 · Aayush Gupta
We sacrificed certain volumes in quarter three but to the extent that it was a more calibrated call... we decided to expand margin and keep volumes kind of stable.
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We sacrificed certain volumes in quarter three but to the extent that it was a more calibrated call... we decided to expand margin and keep volumes kind of stable.
Our fourth quarter EBITDA will definitely grow by minimum 200 to 250 basis points more.
We are still evaluating the right long-term distributor structure and have not finalized a distributor yet.
When the war is settled, I think the exports will double up in next 6 months because there has been a big gap as far as food reserves are concerned and Middle East is consuming basmati rice in all the three meals... I'm quite hopeful that whatever setbacks we had in last 3-4 months will be covered up in next 3-4 months.
Branded non-basmati business for the full year grew by 38% year-on-year. This is now a ₹271 crore business in just a few years and growing rapidly. It represents an expanding share of our domestic mix and a meaningful new growth engine for the organization.
As of now, I mean if you look at April it seems to be in the same trajectory but May and June is something that we need to see.