Madhusudan Masala Limited — Updates, 15-11-2025: Press Release

Madhusudan Masala reported H1 FY26 revenue of 118.22 Cr (+18.7% YoY) and net profit of 7.66 Cr (+17.2% YoY). Q2 saw sales normalize after exceptional Q1 stocking. The company is strategically shifting to higher-margin branded sales (71%), expecting a strong H2 rebound as channel inventories are depleted and prices improve.