Quice Food 1HFY26 Turnaround to Rs6.6 Million Profit as Sales Jump 90%

Quice Food Industries, a small maker of jam, jelly, syrups, pickles and aerated drinks, swung back to profit in the first half of FY26 after losing money a year earlier. Net profit came in at Rs6.64 million for the six months ended 31 December 2025, against a loss of Rs5.43 million in the same period last year. The turn was driven by sales nearly doubling.

What the Quice Food half-year results showed

Quice Food reported net sales of Rs943.38 million for 1HFY26, up 90.47 percent from Rs495.29 million a year earlier. Cost of sales rose a touch faster at 94.94 percent, so gross profit grew a slightly slower 69.56 percent to Rs147.81 million. Where the result really moved was operating profit, which jumped from Rs1.71 million to Rs16.65 million, almost a tenfold rise, as the higher sales spread fixed costs further. That carried the company to a net profit of Rs6.64 million, with earnings per share of Rs0.067, reversing the prior loss per share of Rs0.055. Finance costs stayed tiny at about Rs62,000.

Why the sales jump matters for a small food maker

For a small consumer-food company that has been making losses, the hardest part is reaching the scale where sales cover the fixed costs of running a factory and a distribution setup. Once revenue clears that line, extra sales drop through to profit quickly, which is why operating profit here rose far faster than sales. A near doubling of revenue suggests either better demand, wider distribution, or stronger exports, since the company sells into markets including the USA, Canada, the UAE and the UK. The note of caution is that cost of sales rose slightly faster than sales, so the gross margin thinned a little even as the absolute numbers grew.

Which stocks, and why

This is a direct, company specific result for Quice Food, and the read is positive. Moving from a loss to a profit, on sales that nearly doubled, is a real improvement in the business. It is marked at a measured influence level because the profit is still small in absolute terms and the company is at an early stage of its turnaround, but the direction is clearly favourable.

What to watch

The signals to track are whether the sales growth holds in the next quarter, since one strong half does not yet prove a trend, and the gross margin, which slipped a little as costs outran sales. Export demand and the rupee matter given the company's overseas sales, and it is worth watching whether the thin net profit widens as the business scales rather than getting eaten by costs again.