Apex Frozen Foods shares hit 20% upper circuit after Q1 profit more than doubles

Apex Frozen Foods shares hit 20% upper circuit after Q1 profit more than doubles


Apex Frozen Foods reported a net profit of ₹22 crore for the June 2026 quarter, compared with ₹9 crore in the corresponding quarter a year earlier. Revenue remained largely flat at ₹257 crore, compared with ₹258 crore in the year-ago quarter. However, revenue grew 53% sequentially from ₹168 crore in the March 2026 quarter.

By CNBCTV18.com  August 14, 2026, 12:48:01 PM IST (Published)

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Apex Frozen Foods shares hit 20% upper circuit after Q1 profit more than doubles
Shares of Apex Frozen Foods Ltd. hit the upper circuit of 20% on Friday, August 14, after the company reported a 144% year-on-year jump in net profit for the quarter ended June 2026.

The stock surged 20% to ₹441.20 on the NSE before paring some gains on profit booking. It was last trading 16% higher at ₹426.10.

Apex Frozen Foods reported a net profit of ₹22 crore for the June 2026 quarter, compared with ₹9 crore in the corresponding quarter a year earlier.

Revenue from operations remained largely flat at ₹257 crore, compared with ₹258 crore in the year-ago quarter. However, revenue grew 53% sequentially from ₹168 crore in the March 2026 quarter.Sales declined 0.63% year-on-year to ₹256.53 crore in Q1FY27, from ₹258.16 crore a year earlier.



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