In reference to the email dated 5th May, 2095 regarding discrepancy in the Financial results for the quarter and year ended on 31st March, 2025. Enclosed herewith is the Audited Financial ....
Awaiting price reaction for this filing.
Nagarjuna Agri Tech has resubmitted its audited results for FY25 after BSE flagged discrepancies in the earlier filing. Revenue from operations collapsed to just ₹0.61 lakh in FY25 versus ₹246.51 lakh in FY24, and the company reported a loss before exceptional items of ₹8.40 lakh. The profit shown in total comprehensive income (₹2.99 lakh) came almost entirely from exceptional items — mainly profit on sale of land and equity investments — not from business operations. The company has effectively sold off most of its land, and promoters have accepted an open offer for sale of their shares (SEBI-approved in Oct 2024). Cash from operations turned sharply negative at -₹703.27 lakh, and year-end cash is down to ₹0.08 lakh from ₹147.55 lakh.
This is a deeply negative filing for shareholders — core operations have almost stopped, the business is dependent on one-off asset sales to stay afloat, and the auditor has flagged a material uncertainty about the company's ability to continue as a going concern. Expect high risk of stock price weakness and possible delisting or wind-down given the promoter exit.