Mukka Proteins Limited Reports 151% Profit Increase in Q3 FY2024-25

Mangalore, India – March 3rd, 2025 – Mukka Proteins Limited (NSE: MUKKA) has released its audited financial results for the third quarter of FY2024-25, ending February 14, 2025. The company reported a 151% year-on-year increase in net profit for the quarter. Key financial highlights include:

• Revenue: ₹308.95 crore
• Net Profit: ₹26.26 crore
• Profit Margin: 8.5%
• Earnings Per Share (EPS): ₹0.88

K Mohammed Haris, Managing Director & CEO, stated that the company focused on efficiency and diversification to maintain profitability despite market fluctuations. 

Debuted on March 7, 2024, in the stock market, Mukka Protein Limited has navigated market fluctuations while ensuring consistent profitability and sustainable growth. The first half of FY2024-25 was impacted by delayed fishing quotas in Peru, the world's largest fishmeal producer. However, in Q3 FY2024-25, Peru issued one of the highest Total Allowable Catch (TAC) limits in decades, leading to record-high fish catch volumes. This led to temporary oversupply in the market lead h ing to a decline in fishmeal prices in global markets.

According to industry reports, the global Fishmeal And Fish Oil Market is estimated at USD 9.27 billion in 2025 and is expected to reach USD 16.28 billion by 2030, at a CAGR of 11.93% during the forecast period (2025-2030).

About Mukka Proteins Limited

A Three-Star Export House, Mukka Proteins Limited is India’s largest producer of fish meal, fish oil, and soluble paste, playing a key role in global food security. The company supplies high-quality protein ingredients to the aquaculture, poultry, and pet food industries worldwide. With a strong domestic and international presence, Mukka Proteins remains committed to sustainable growth and innovation in the animal nutrition sector. Further more, Mukka Proteins is innovating new age businesses in the circular economy and alternative proteins like insect meal and oil from black soldier larvae

For further information, please contact:

Investor Relations

Mukka Proteins Limited

investors@mukkaproteins.com

Note to readers: This article is part of Mint’s paid consumer connect Initiative. Mint assumes no editorial involvement or responsibility for errors, omissions, or content accuracy.

Want to get your story featured as above? click here!