Agarwal Industrial Corporation Limited has informed the Exchange about Copy of Newspaper Publication
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Agarwal Industrial Corporation Limited has published the extract of its unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) in Business Standard and Pratahkal newspapers, as required under SEBI LODR Regulation 47. On a standalone basis, total income from operations stood at Rs. 51,237.69 lakhs (down from Rs. 59,446.60 lakhs in Q1 FY25), with net profit after tax of Rs. 1,005.40 lakhs (vs Rs. 1,352.23 lakhs YoY) and basic EPS of Rs. 6.72 (vs Rs. 9.04). On a consolidated basis, total income was Rs. 59,530.77 lakhs (vs Rs. 70,924.96 lakhs) and net profit after tax fell sharply to Rs. 1,303.01 lakhs (vs Rs. 3,900.18 lakhs YoY), translating to EPS of Rs. 8.71 (vs Rs. 26.07). The results were approved by the Board on August 14, 2025. The Board also approved the acquisition of 100% equity in Konkan Storage Systems (Karwar) Private Limited, a port-based storage and warehousing company.
Both standalone and consolidated performance weakened year-on-year, with consolidated net profit dropping roughly two-thirds, which is a negative read for shareholders despite the company's note that the business is seasonal. The proposed acquisition of Konkan Storage Systems could provide future logistics and storage synergy, but execution and funding details are not yet disclosed.