Shares of CCL Products (India) Ltd fell over 8% on Wednesday, trading at ₹837.75 on NSE, despite the company reporting a sharp rise in revenue for the June quarter.
The Andhra Pradesh-based instant coffee manufacturer reported a 36.5% year-on-year increase in revenue to ₹1,055 crore for Q1FY26. However, net profit for the quarter remained almost flat at ₹72.4 crore, compared to ₹71.4 crore in the same period last year. Operating performance improved with EBITDA rising 22.8% to ₹159.3 crore, but margins declined to 15.1% from 16.8% a year ago.
In comparison, the company had posted 15% revenue growth and 38.2% EBITDA jump in Q4FY25, with shares having rallied nearly 15% post those results.
Founded in 1961, CCL Products is a key private-label instant coffee manufacturer, supplying to over 90 countries. It recently completed an expansion of its Vietnamese subsidiary, Ngon Coffee Company Limited, with a board-approved investment of up to ₹15 crore.