Orkla India Q4 profit doubles to ₹73 cr; spices grow despite Kerala drag
Orkla India posted 107% YoY PAT growth to ₹73 cr on modest 5% revenue growth to ₹626 cr. Spices (66% of business) grew 6.1%, but ex-Kerala growth was 11.1%, exposing regional disruption. EBITDA margin held at 16%. Company is restructuring Kerala distribution and pushing Project Bolt for digital commerce.
What happened
Orkla India's Q4 net profit doubled to ₹73 crore on 5% revenue growth to ₹626 crore. Spices, 66% of business, grew 6.1% despite Kerala disruption. Company is
Key facts
- PAT ₹73 crore (+107% YoY)
- Revenue ₹626 crore (+5%)
- EBITDA ₹97 crore (+2.2%)
- EBITDA margin 16%
- Spices growth 6.1%
- Ex-Kerala spices 11.1%
- Share ₹624.50 (-0.79%)
Why this matters
Orkla India's regional concentration risk in Kerala creates a distribution-fix narrative that could justify either bolt-on spice acquisitions or a digital commerce partnership tied to Project Bolt.