Agri-Tech (India) Limited has informed the Exchange regarding Outcome of Board Meeting held on May 03, 2025.
AGRITECH · price
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Agri-Tech (India) Limited's Board, at its May 3, 2025 meeting, approved the audited standalone financial results for Q4 and FY ended March 31, 2025. For FY25, the company reported revenue from operations of Rs 18.02 lakhs (up from Rs 15.52 lakhs) but posted a net loss of Rs 111.25 lakhs, sharply reversing the Rs 974.22 lakh profit in FY24 (which was boosted by large one-time other income of Rs 1,073.93 lakhs from sale of investments/land). EPS turned negative at Rs (1.86) versus Rs 16.39 last year. The Board also appointed M/s M.K. Ghatiya & Associates as Internal Auditor for FY26 and M/s Neha P Agrawal as Secretarial Auditor for a 5-year term (FY26–FY30), subject to shareholder approval. The statutory auditor (Gautam N Associates) gave an unmodified opinion but flagged an Emphasis of Matter on pending balance confirmations, and noted the company incurred cash losses during the year.
Negative – the company swung to a full-year operating loss with no recurring profitability visible, though the prior year's profit was driven by one-time gains. The auditor's emphasis-of-matter on pending confirmations and large related-party loans (Rs 8,213.62 lakhs) plus a contingent NCLT claim of Rs 2,505.20 lakhs may concern shareholders. Routine auditor appointments are neutral.