This is to inform you that the Board of Directors of the Company at its meeting held today i.e. July 30, 2025, inter-alia has considered and approved the Un Audited Standalone and Consolidated ....
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Awaiting price reaction for this filing.
The board approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended June 30, 2025) at its meeting on July 30, 2025. Consolidated revenue from operations fell to Rs. 5,143.16 lakhs from Rs. 5,444.67 lakhs in Q1 FY25, a decline of about 5.5% year-on-year. Total expenditure rose to Rs. 5,511.87 lakhs from Rs. 5,045.27 lakhs, squeezing profitability. The company swung to a net loss of about Rs. 363 lakhs in Q1 FY26 versus a net profit of Rs. 343.88 lakhs in Q1 FY25, with diluted EPS dropping to Rs. 0.10 from Rs. 0.20. Statutory auditor S K Agrawal and Co. issued an unmodified limited review report with no qualifications or emphasis of matter. The results include the share of profit from the Singapore-based joint venture Agro & Spice Trading Pte Ltd.
Negative for shareholders — the company moved from profit to loss on falling revenue and rising costs. The clean auditor report removes governance concerns but the earnings deterioration could pressure the stock in the near term.