.Approval of Unaudited Standalone Financial Results of the Company for the period ended on December 31, 2025. We are enclosing herewith the following: Unaudited Standalone financial ....
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Harshil Agrotech's Board, at its meeting on February 4, 2026, approved unaudited standalone results showing a net loss of ₹535.58 lakhs in Q3 FY26 versus a profit in the same quarter last year, and a net loss of ₹173.90 lakhs for the nine months ended December 31, 2025 (compared to a profit of ₹1,117.61 lakhs in 9M FY25). Revenue from operations for 9M FY26 stood at ₹10,943.20 lakhs, up sharply from ₹6,114.98 lakhs in 9M FY25, but Q3 FY26 revenue collapsed to ₹724.70 lakhs from ₹4,229.12 lakhs in the preceding quarter. Total expenses in Q3 FY26 of ₹1,260.35 lakhs exceeded revenue, driving the loss. The statutory auditor (Marks & Co.) issued a limited review report with an Emphasis of Matter noting that balances for trade receivables, trade payables, and loans/advances are pending third-party confirmation and reconciliation.
Sharp swing from profit to loss, collapsing quarterly revenue, and auditor's emphasis on unverified receivables and payables are significant red flags that may weigh negatively on the stock and shake retail investor confidence despite the strong year-to-date revenue growth.