Q1 FY27 Results: Revenue Falls 83% YoY, PAT at 13.50 Lacs
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Elegant Floriculture and Agrotech reported Q1 FY27 unaudited results. Revenue from operations fell sharply to Rs 256.55 lacs from Rs 1,501.30 lacs in Q1 FY26, an 83 percent YoY decline. Profit before tax was Rs 13.50 lacs versus Rs 27.40 lacs last year. Net profit stood at Rs 13.50 lacs with EPS of Rs 0.06 versus Rs 20.50 lacs and Rs 0.10 earlier. The auditor issued an unqualified limited review report. The company also confirmed no deviation in use of funds from three May 2026 preferential allotments.
Sharp revenue drop is a red flag despite a small profit. Watch for management explanation on the YoY decline and signs of recovery in coming quarters.