Archive · 12 Aug 2026
Patel Retail Q1 FY27 Income Rises 69% to ₹310 Cr
Patel Retail is a company in India that runs grocery stores and makes food products.
It also makes its own brands of spices, foods, and cleaning supplies.
The company told everyone how much money it made in the first quarter of its new financial year.
It earned much more money than it did at the same time last year.
The money it earned from its stores and food business went up by about 69 percent.
The profit it kept after paying its bills also went up by about 37 percent.
The company opened new stores in places called Rasayani and Bapgaon.
Now it has 53 stores in and around Mumbai.
The company's leader, Dhanji Patel, said he is happy with how well the company is doing.
He said the company wants to keep opening stores and growing its own brands.
Total income grew 69.35% year-on-year to ₹310.24 crore in Q1 FY27, compared with ₹183.19 crore in Q1 FY26.
Profit after tax (PAT) rose 37.43% year-on-year to ₹9.52 crore, while EBITDA grew 23.92% to ₹19.68 crore.
Earnings per share stood at ₹2.85 in Q1 FY27, a year-on-year increase of 2.52%.
Patel Retail expanded to 53 stores, launching its 51st store in Rasayani (Raigad), 52nd in Bapgaon (Bhiwandi) and one more in July.
The company completed its IPO in August 2025, with shares listed on the BSE and NSE on August 26, 2025.
- Who
- Patel Retail Limited, led by Chairman and Managing Director Dhanji Patel.
- What
- Reported Q1 FY27 financial results showing total income up 69.35% YoY to ₹310.24 crore and PAT up 37.43% to ₹9.52 crore, along with retail network growth to 53 stores.
- When
- Q1 FY27, with the company noting an additional store was added in July.
- Where
- India, primarily the Mumbai Metropolitan Region (MMR); new stores in Rasayani (Raigad) and Bapgaon (Bhiwandi), with headquarters in Ambernath, Mumbai.
- Why
- Growth driven by momentum across retail and food processing businesses, store network expansion, and a strengthening private-label portfolio.
- Total Income
- ₹310.24 Cr (69.35% YoY growth)
- EBITDA
- ₹19.68 Cr (23.92% YoY growth)
- Net Profit (PAT)
- ₹9.52 Cr (37.43% YoY growth)
- EPS
- ₹2.85 (2.52% YoY growth)
- Q1 FY26 Total Income
- ₹183.19 Cr
- Retail Stores
- 53 stores (51st in Rasayani, 52nd in Bapgaon, plus one in July)
- IPO Listing
- BSE and NSE on August 26, 2025
- In-House Brands
- Indian Chaska, Patel Fresh, Patel Essential