Oceanic Foods Share Price Today

Oceanic Foods Q2FY27 net profit up 48.6% to ₹245 lakh

Standalone net profit rose 48.6% YoY to ₹244.67 lakh in Q2FY27. Revenue from operations declined 7.3% YoY to ₹4,158.02 lakh. Cost of materials consumed fell 22.0%, boosting margins despite lower sales. Consolidated net profit increased to ₹245.77 lakh from ₹164.67 lakh. Cash and cash equivalents dropped to ₹0.48 lakh due to working capital outflows.

Oceanic Foods incorporates Julyy's Foods subsidiary in Gujarat

Oceanic Foods Limited incorporated Julyy's Foods International Private Limited on November 5, 2026. The new subsidiary is based in Jamnagar, Gujarat, with an initial share capital of ₹10 lakh. Business scope includes dehydration of fruits and vegetables and spice processing. The entity is a wholly owned subsidiary, constituting a related party transaction.

Oceanic Foods initiates recovery against Cremica for ₹72.64 lakh dues

Oceanic Foods initiated recovery proceedings against Cremica Food Industries for ₹72,64,563 in outstanding receivables. Two separate suits were filed, with the larger claim standing at ₹71,52,643. Matters have been referred for mediation for 15 days before potential civil suit registration. No separate penalty is currently claimed; recovery depends on mediation outcomes.

Oceanic Foods shareholders approve cold storage slump sale to Julyys Foods

All eight AGM resolutions passed with 100% votes in favor. Turnout stood at 83.94% with 94,43,772 votes polled. Promoter group holds 74% of outstanding shares; no institutional voting. Cold storage slump sale to Julyys Foods approved by shareholders.

Oceanic Foods Q1 Results: Net profit rises 43% YoY to ₹22.1 crore

Oceanic Foods posted a 42.7% YoY rise in net profit to ₹22.08 crore in Q1FY27, despite a slight dip in revenue from operations to ₹4,095.49 lakh. Other income surged to ₹24.56 lakh from ₹2.34 lakh, driving the margin expansion. Consolidated results showed a quarterly profit of ₹22.12 crore, with no prior-year comparison available due to a new subsidiary incorporation.

Oceanic Foods Ltd Re-appoints Abhishek Niraj Nagrecha as Independent Director for Second Term of 5 Years

Oceanic Foods Ltd approved the re-appointment of Abhishek Niraj Nagrecha as Independent Director for a second term of five consecutive years at its Board meeting on 07 August 2026. The re-appointment is subject to member approval via Special Resolution at the Annual General Meeting, to be held on or before 30 September 2026. Mr. Nagrecha holds a Commerce degree from Gujarat University and an L.L.B. from Saurashtra University, and is not related to any Director of the company. The disclosure was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.