This is to inform you that the Board of Director of the Company at its meeting held today November 14, 2025, inter-alia has considered and approved the Un-audited Standalone and Consolidated ....
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The company reported un-audited standalone and consolidated results for Q2 and half-year ended September 30, 2025. On a standalone basis, half-yearly revenue fell about 8.3% YoY to Rs. 10,671 lakhs, and net profit dropped roughly 20% to Rs. 174 lakhs (EPS Rs. 0.27 vs Rs. 0.34). Quarterly standalone revenue declined around 7.9% to Rs. 5,528 lakhs with net profit of Rs. 95 lakhs. On a consolidated basis, half-yearly net profit grew about 6.7% to Rs. 343 lakhs, helped by a Rs. 169 lakh share of profit from its Singapore-based joint venture Agro & Spice Trading Pte Ltd. Operating cash flow remained healthy at Rs. 934 lakhs (standalone). Separately, Chairman & Managing Director Krishna Kumar Mohta resigned citing advancing age and will be appointed as Senior Strategic Consultant; his son Bharat Mohta was redesignated from CEO to Chairman & Managing Director, subject to shareholder approval via postal ballot. The auditor (S K Agrawal and Co) issued an unqualified limited review report.
Standalone revenue and profit shrank for the period, but consolidated numbers were lifted by the joint venture's contribution, indicating mixed underlying performance. The leadership transition is a family succession and should bring continuity, though investors may watch governance closely; no immediate major disruption is signalled.