News

Mukka Proteins Ltd share price slipped 1% to Rs 23.79 after the company`s net profit dropped 12.78% to Rs 18.63 crore, while revenue from operations gained significantly 29.05% to Rs 474.8 crore in Q2FY26 over Q1FY26. The market capitalization of Animal Feed industry group stocks on BSE stood at Rs 30763.81 crore, jumping 21.78%. It has softened by 3.54% over last one week and tumbled 21.98% in last one month while the market capitalization of Mukka Proteins Ltd has marginally improved by 3.93% and 0.67% in the same period respectively. Profit before tax (PBT) of Mukka Proteins Ltd stood at Rs 27.37 crore in Q2 FY26, expanding by 1059.75% year-on-year, and declining 5.26% quarter-on-quarter. EBITDA came in at Rs 46 crore, surging by 286.91% YoY and rallying 148.34% sequentially. Total expenses surged 26.88% to Rs 446.47 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 391.98 crore, posting a minor increase of 4.40% YoY, while employee benefits expense was at Rs 16.34 crore, soaring 24.45% YoY. For the TTM ended FY26, revenue from operations slumped by 26.98% to Rs 980.03 crore, while net profit tumbled by 35.27% to Rs 48.1 crore, compared to previous TTM. EBITDA surged by 8936% to Rs 79.76 crore, and PBT plunged by 31.09% to Rs 60.27 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 111.93 crore in FY26, as against Rs 150.41 crore in FY25. Mukka Proteins Ltd nosedived by 11.95% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.04% during the same period.

Mukka Proteins Limited announced that its board approved the re-appointment of Karkala Shankar Balachandra Rao, Hamad Bava, and Narendra Surendra Kamath as Non-Executive Independent Directors for a second term of five years, commencing January 15, 2027, and ending January 14, 2032, subject to shareholder approval. Additionally, the board re-appointed Kalandan Mohammed Haris as Managing Director and Chief Executive Officer for a further five years, effective January 20, 2027, to January 19, 2032, and re-appointed Kalandan Mohammed Althaf as Whole-Time Director and Chief Financial Officer and Kalandan Mohammad Arif as Whole-Time Director and Chief Operating Officer, both for five-year terms starting January 20, 2027.

Mukka Proteins Limited announced that its board approved a strategic investment of up to Rs 64,92,500 to acquire a 25.98% stake in Swachha Eco Solutions Private Limited, which is involved in the collection, treatment, and disposal of all types of waste, with the acquisition expected to be completed by December 31, 2026.

Mukka Proteins will hold a meeting of the Board of Directors of the Company on 12 August 2026.

Mukka Proteins will hold a meeting of the Board of Directors of the Company on 12 June 2026.