Outcome of the Board Meeting
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Basant Agro Tech's board, meeting on 28th May 2025, approved the audited financial results for Q4 and full year ended 31st March 2025. Full year revenue from operations fell to Rs 40,475.17 lakhs from Rs 46,274.04 lakhs in FY24, a decline of roughly 12.5%. Profit after tax dipped modestly to Rs 395.72 lakhs (vs Rs 416.60 lakhs), while EPS stood at Rs 0.43 (vs Rs 0.46). The board recommended a 5% dividend on equity shares and received an unmodified (clean) opinion from statutory auditor K.C. Kankariya & Co. Operating cashflow improved sharply to Rs 4,389.46 lakhs (from a negative Rs 1,276.87 lakhs last year). The company also appointed new Secretarial, Cost, and Internal Auditors for FY26 and recorded director disclosures.
Mixed picture for shareholders - revenue shrank across key segments (Fertiliser, Seeds, LABSA), though strong operating cashflow recovery and a small dividend offer some cushion. Investors should note the extensive related party dealings (loans, rent, remuneration) within the promoter group, which warrants closer scrutiny.