Oceanic Foods Limited has announced a board meeting to consider the financial results for the quarter and half-year.

The company reported total revenue from operations of ₹147.10 Cr for the year, up from ₹109.71 Cr previously.

Net profit grew to ₹4.95 Cr from ₹2.53 Cr year-on-year, with earnings per share rising to ₹4.40. Operating expenses increased but were offset by higher sales and other income.

The balance sheet shows growth in assets to ₹90.74 Cr, supported by increased inventories and receivables.

Cash flows were impacted by higher working capital needs and capital expenditure.

Overall, the company’s financial health shows solid growth reflecting expansion in its dehydrated vegetables and herbs business.