Prime Fresh Ltd Reports Record Revenue and PAT for Q2 FY26
Filing Summary
Prime Fresh Ltd announced its unaudited financial results for Q2 FY26, reporting a record revenue of ₹664 Mn, a 35% increase year-over-year. EBITDA rose 14% to ₹39 Mn, while Profit After Tax increased 11% to ₹31 Mn. The company highlighted operational achievements, including expansion in Nashik and enhanced cold-chain capabilities. CRISIL reaffirmed its BBB/Stable rating, supporting expansion plans. Prime Fresh continues to focus on strengthening its supply chain and farmer integration, with ongoing projects aimed at improving sourcing and processing capabilities.
Prime Fresh Ltd has released its unaudited financial results for the second quarter of fiscal year 2026, ending September 30, 2025. The company reported its highest-ever quarterly revenue of ₹664 Mn, marking a 35% increase from the previous year’s ₹490 Mn. The company also achieved a Profit After Tax of ₹31 Mn, reflecting an 11% year-over-year growth from ₹28 Mn. These results were attributed to improved procurement efficiency and expanded institutional supply partnerships.
In terms of financial performance, Prime Fresh Ltd’s EBITDA, excluding other income, rose by 14% year-over-year to ₹39 Mn, up from ₹34 Mn in Q2 FY25. For the first half of FY26, revenue increased by 22% year-over-year to ₹1198 Mn, compared to ₹980 Mn in the same period last year. EBITDA for this period grew by 15% to ₹79 Mn, indicating enhanced operational efficiency. The company’s Profit After Tax for H1 FY26 rose by 7% to ₹59 Mn from ₹55 Mn in H1 FY25.
Operationally, Prime Fresh Ltd initiated major expansions, including an integrated vegetable cluster in Nashik to bolster sourcing and backward integration. The company received preliminary approval for advanced horticulture cluster projects from the National Horticulture Board. Enhancements in farmer support, mechanization, and cold-chain infrastructure were also reported. The company aims to improve farmer incomes and reduce post-harvest losses through these initiatives.
Key milestones for Prime Fresh Ltd include the reaffirmation of its CRISIL BBB/Stable rating, which supports its expansion plans. The company has improved cold-chain routing and packhouse utilization, focusing on digital traceability across procurement hubs. The company is also strengthening its export readiness, particularly for grapes, pomegranates, and other high-value crops.
Prime Fresh Ltd operates as a fully integrated agriculture value chain company, focusing on the fruits and vegetables supply chain. It manages end-to-end post-harvest operations, including sorting, grading, ripening, cold storage, and distribution. The company sources from over 1,20,000 farmers across multiple states and provides comprehensive third-party logistics and warehousing services.
The company continues to enhance its supply chain model and distribution footprint, aiming to deliver sustainable growth through the remainder of FY26. Prime Fresh Ltd is addressing climatic challenges by expanding into new geographies and products. The company’s strategic initiatives are focused on improving supply-chain precision and farmer empowerment through training and digital traceability.
Prime Fresh Ltd is a leading player in the post-harvest supply chain management of fruits and vegetables in India. Established in 2007, the company is committed to strengthening its position in the market through strategic and operational excellence. It continues to build a robust network, integrating technology-driven operations and maintaining strong client relationships.