Outcome of the Board Meeting held on Thursday, 14th August, 2025
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Cropster Agro Limited's board met on August 14, 2025 and approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations stood at Rs. 5,101.52 lakhs, with total income of Rs. 5,103.90 lakhs and profit after tax of Rs. 397.38 lakhs, an improvement from Rs. 288.98 lakhs in the same quarter last year. EPS was Rs. 0.05 on the post-split equity base of 84 lakh shares of Rs. 1 face value. The board appointed Mr. Harendrasingh Chauhan as a Non-Executive Non-Independent Director and Ms. Sejalben Rakeshkumar Rathod as an Independent Director for a 5-year term. Mr. Pavankumar Ramsinh Verma was appointed as the new Chief Financial Officer with immediate effect. The board also accepted the resignation of Ms. Maya Devi as Non-Executive Director, citing personal reasons.
Year-on-year profit growth of around 38% in Q1 is mildly positive for shareholders, though revenue dipped slightly compared to the previous quarter. The new CFO and added board expertise in agro products signal a focus on strengthening governance and execution.