Integrated Filing (Finance)

City Crops Agro Limited reported revenue from operations of just ₹320.32 lakhs for H1 FY26 (April–September 2025), a steep ~85% fall from ₹2,185.92 lakhs in the same period last year. The company swung to a loss of ₹584.97 lakhs at the profit-before-tax level compared to a profit of ₹123.07 lakhs in H1 FY25, translating to a loss per share of ₹3.59. The loss was largely driven by the destruction of perishable stock-in-trade, which was written down to nil because the company had no insurance coverage in place. Operating cash flow turned negative at -₹50.12 lakhs, reserves and surplus shrank from ₹1,538.24 lakhs to ₹953.28 lakhs, and cash on hand slipped to ₹5.93 lakhs. The auditor's limited review drew attention (as Other Matters) to an unrecorded ~₹44 lakh charge from Union Bank of India dating back to 2013, unpaid income-tax dues of roughly ₹24.69 lakhs (FY23) and ₹28.90 lakhs (FY24) for which no interest has been provided, and the uninsured stock destruction.