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COMPANY REPORT

Orkla India posts strong volume-led growth in Q3 FY26
Thursday, 19 February, 2026, 08 : 00 AM [IST]
Our Bureau, Bengaluru
Orkla India Limited reported a robust performance in the third quarter of fiscal 2026, driven by healthy volume gains across core categories amid a gradually improving consumption environment.

According to the company’s BSE filing, Orkla India delivered volume growth of 5.4% in Q3, with particularly strong momentum in the spices portfolio, which expanded over 10% year-on-year, underscoring resilient demand for its branded products. The quarter also saw volume uptick in convenience foods, reflecting expanding consumer acceptance of ready-to-eat and ready-to-cook offerings. 

Management highlighted that volume expansion was supported by disciplined execution and an improving macro backdrop, even as deflationary pressure on key raw material prices persisted. Enhanced operating leverage, cost control initiatives and mix improvements contributed to EBITDA growth of 17.7%, according to interim commentary from Chairman & CEO Sanjay Sharma. 

Orkla India is strategically focusing on deepening penetration in core geographies, strengthening brand visibility through culturally relevant marketing, scaling digital commerce channels and expanding international presence, particularly in the GCC region where demand for its products remains strong. 

The company’s performance reflects a balanced growth profile, with digital channels and export markets contributing meaningfully alongside domestic volume gains. Digital business verticals recorded significant growth, signalling the effectiveness of Orkla India’s omnichannel strategy. 

Orkla India’s Q3 results reinforce its position within the competitive packaged foods sector, where brands such as MTR Foods and Eastern continue to benefit from structural shifts in consumer eating habits. Looking ahead, the company expects ongoing volume and value growth as consumption trends stabilise and new product innovations gain traction.
 
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