Spice Islands Industries Ltd. Reports Stellar Earnings for Q1FY26, PAT Grows 440% YoY to INR 3.31 Mn
Spice Islands Industries Ltd. (BSE: 526827), a multi-vertical enterprise with interests spanning renewable energy, hospitality, and consumer beverages, has announced its unaudited earnings for the quarter ended 30 June 2025.
For Q1FY26, the company reported revenues at INR 20.12 Mn, growing 728% YoY from INR 2.43 Mn (Q1FY25). The PAT came in at INR 3.31 Mn (Q1FY26), growing 440% YoY from INR 0.61 Mn (Q1FY25).
Spice Islands Industries Ltd. has shifted its focus towards the fast-growing renewable energy sector, entering the solar business with a vision to build sustainable value.
In parallel, the company has forayed into the hospitality space. It currently operates Patang Family Resort on Talala Highway, Gujarat, and manages Hotel Holiday Icon, The Grand Ladhukara (TGL), and Hotel Aradhya in Dev Bhoomi Dwarka under a service agreement. These new ventures of managing 4 hotels in a short span mark the company’s intent to build a stable hospitality portfolio.
In a strategic move to expand into consumer goods, Spice Islands has acquired the legacy beverage brand Rogers, originally founded by the East India Company in 1837. Rogers offers nine unique soft drink flavors, with its flagship ‘Ice Cream Soda’ already gaining traction. The company is now actively scouting for pan-India distributors and stockists to scale up this vertical. Rogers is the oldest soda brand in India, which makes its older than Pepsi and Coca Cola. Rogers is the first company to manufacture soft drink and soda in India. The beverage business is expected to contribute to revenues, with impact being visible in the current year.
Spice Islands Industries Ltd., incorporated in 1988, began as a trusted manufacturer of woven and knitted garments for global clients. With decades of experience across Europe and the United States, the company earned a reputation for its product quality, design sensibility, and timely delivery.
Today, Spice Islands has evolved into a multi-vertical enterprise with interests spanning renewable energy, hospitality, and consumer beverages. Headquartered in Mumbai, with operations across India, the company leverages its deep-rooted understanding of international standards and consumer needs to drive growth across sectors.
Spice Islands remains committed to innovation, operational excellence, and responsible business practices as it enters its next phase of expansion.