Mukka Proteins Limited — Important, 14-08-2025: General Updates
14-08-2025 | 01:22 pm
14-08-2025 | 01:22 pm
Mukka Proteins reported consolidated Q1 FY26 revenue of ₹164.88 Cr and a net profit of ₹1.59 Cr. Significant business expansion was approved, adding insect protein, waste management, and agricultural products to its scope. Key acquisitions include raising stake in Ocean Proteins Private Limited to 51% (now a subsidiary) for ₹1.045 Cr, plus approvals for 51% of Mukka Frozen Impex (up to ₹5 Cr) and 70% of Mukka Proteins Vietnam Co., Ltd. (₹0.05 Cr). Corporate guarantees of ₹1.35 Cr for Ocean Proteins and ₹10 Cr for Shipwaves Online were issued. The company is contesting a ₹9.82 Cr CGST demand, expecting no material adverse impact.
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