Delfi Limited said its net sales for the quarter ended Mar, 31 2026 rose 6.2 % year on year to 159.1 million Singapore dollars, underpinned by a 19.6 % increase in Own Brands revenue across the region, led by Indonesia.

Gross profit margin slipped to 26.6 %, down 140 basis points from a year earlier, as a weaker Indonesian rupiah and higher cocoa costs weighed on profitability. EBITDA was broadly steady at 16.8 million Singapore dollars compared with 17.0 million a year ago.

The company generated 28.7 million Singapore dollars in net operating cash flow and spent 2.0 million on capital expenditures. Cash and cash equivalents stood at 93.8 million Singapore dollars at Mar, 31 2026, up from 68.0 million at the end of December, before paying a 10.3 million final dividend for FY 2025 on May, 15 2026.

Working capital edged up to 134.9 million Singapore dollars, while borrowings increased to 16.9 million. The current ratio improved to 2.22 from 2.10 three months earlier.

Looking ahead, the confectionery maker warned of ongoing volatility in cocoa prices and broader macroeconomic uncertainties linked to the Middle East conflict but said it is managing supply chains and building raw-material inventories to mitigate cost pressures.