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Coastal Corporation Ltd consolidated sales down 21.80% on year in Q2FY2026, net profit improved by 16.87% As on : 03-Aug-26  15:04

Coastal Corporation Ltd share price declined by 1.11% to Rs 48.9 after the company's net profit expanded by 16.87% to Rs 11.57 crore, while revenue from operations nosedived 21.80% to Rs 253.88 crore in Q2FY26 over Q1FY26. The market capitalization of Seafood industry group stocks on BSE stood at Rs 3196.64 crore, tumbling by 17.96%. It has eased by 2.09% over last one week and declined by 12.32% in last one month while the market capitalization of Coastal Corporation Ltd has softened by 2.28% and 13% in the same period respectively. Profit before tax (PBT) of Coastal Corporation Ltd stood at Rs 14.46 crore in Q2 FY26, expanding by 88.53% year-on-year, and improving 11.75% quarter-on-quarter. EBITDA came in at Rs 13 crore, retreating 13.63% YoY and surging by 190.55% sequentially. Total expenses plunged by 23.96% to Rs 237.68 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 219.65 crore, inching up 3.30% YoY, while employee benefits expense was at Rs 7.96 crore, tanking by 13.38% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 44.23% to Rs 628.22 crore, while net profit eased 0.88% to Rs 4.48 crore, compared to previous TTM. EBITDA surged by 2050% to Rs 19.42 crore, and PBT dipped slightly 5.30% to Rs 7.51 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 4.89 crore in FY26, as against Rs 66.14 crore in FY25. Coastal Corporation Ltd rallied 38.96% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 3.81% during the same period.