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PNN
Mumbai (Maharashtra) [India], August 12: Patel Retail Limited (BSE: 544487 | NSE: PATELRMART), a diversified retail and food processing company, announced its Unaudited Financial Results for Q1 FY27. Key Financial Highlights * Total Income of 310.24 Cr, YoY growth of 69.35% * EBITDA of 19.68 Cr, YoY growth of 23.92% * PAT of 9.52 Cr, YoY growth of 37.43% * EPS of 2.85, YoY growth of 2.52% Commenting on the performance, Mr. Dhanji Patel, Chairman and Managing Director of Patel Retail Limited, said "We are pleased with our performance in Q1 FY27, with Total Income growing 69.35% YoY to 310.24 Cr, compared with 183.19 Cr in Q1 FY26. The strong growth reflects healthy momentum across our retail and food processing businesses. EBITDA stood at 19.68 Cr, while Net Profit increased 37.43% YoY to 9.52 Cr. During the quarter, we continued to expand our retail footprint with the launch of our 51st Patel's R Mart store in Rasayani, Raigad and 52nd store in Bapgaon, Bhiwandi. With another store added in July, our retail network has now expanded to 53 stores, further strengthening our presence across the MMR region and surrounding markets. We also continue to strengthen our private-label portfolio. Patel Essential, our household and personal hygiene brand, offers a growing range of quality and value-driven cleaning and hygiene products, further enhancing our presence across everyday household categories. Going forward, our focus remains on expanding the retail network, improving capacity utilisation and automation across our processing facilities, scaling private labels such as Patel Fresh, Indian Chaska and Patel Essential, and widening the distribution reach of Indian Chaska across new markets. We are also exploring additional export opportunities while maintaining our focus on working capital efficiency and debt reduction. We remain positive about the opportunities ahead and believe our expanding retail footprint, integrated food processing capabilities and growing portfolio of in-house brands provide a strong platform for sustainable growth." Q1 FY27 Operational Highlights About Patel Retail Limited: Patel Retail Limited is a leading name in value-driven retail and integrated food processing in India. Headquartered in Ambernath, Mumbai with operations across MMRDA region, the company combines modern retail formats with backward integration in agri-processing to ensure quality, cost efficiency, and supply reliability. It also extends its reach through a mobile application that connects customers to their nearest store and offers free home delivery. Patel Retail has built a strong portfolio of products through its in-house brands - Indian Chaska for spices and flavourings, Patel Fresh for pulses, nuts, and dry fruits, and Patel Essential for household and cleaning products. Supported by food processing units in Dudhai, Gujarat, and facility in Ambarnath MIDC, along with a current network of 53 stores, the company maintains strict quality and safety standards while delivering value across its product categories. With an expanding footprint in Thane, Raigad and Palghar District, Patel Retail has steadily strengthened its presence in suburban and emerging urban markets. This growth momentum culminated in its successful Initial Public Offering in August 2025, with the company's shares listed on the BSE and NSE on August 26, 2025 marking an important milestone in its journey of scale, trust, and customer centricity. Disclaimer: This article is for informational purposes only and does not constitute financial advice. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)
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