HMA Agro Industries Limited has released the transcript of its Earnings Conference Call held on February 13, 2026, discussing the financial performance for the Quarter and Nine Months ended December 31, 2025. The company reported a significant year-on-year (YoY) growth of approximately 46% in standalone revenue from operations for the quarter, reaching ₹19,927.73 million (1992.77 crore) compared to ₹13,647.68 million (1364.77 crore) in the corresponding quarter of the previous fiscal year. Standalone profit before tax (PBT) for the quarter surged by approximately 61.5% to ₹719.03 million (71.90 crore) from ₹445.31 million (44.53 crore) in the prior year's quarter. This indicates improved margins and cost control measures. For the nine months ended December 31, 2025, standalone revenue from operations grew by approximately 52.7% to ₹52,304.33 million (5230.43 crore), with standalone PBT increasing by approximately 69.7% to ₹1,459.39 million (145.94 crore). On a consolidated basis, revenue for the quarter increased by approximately 39% to ₹20,594.48 million (2059.45 crore), while consolidated PBT saw a substantial rise of approximately 112.9% to ₹878.46 million (87.85 crore). Consolidated revenue for the nine months grew by approximately 46.9% to ₹53,373.97 million (5337.40 crore), and consolidated PBT increased by approximately 96.9% to ₹2,062.85 million (206.29 crore). The company's EBITDA also showed strong growth, with standalone EBITDA rising by approximately 54.8% YoY to ₹823.41 million (82.34 crore) for the quarter and consolidated EBITDA increasing by approximately 81.3% to ₹1,051.29 million (105.13 crore). Management highlighted that the increase in other expenses, particularly freight costs, was due to the demand for refrigerated containers. The company is also progressing with its retail market entry and expects the Jabalpur Chicken Processing Plant to be completed by the end of FY26. Raw material prices remain stable, contributing to improved profitability.