Indo Farm Equipment Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Indo Farm Equipment reported strong Q1 FY26 results with standalone revenue from operations rising about 31% year-on-year to Rs 9,125.81 lakhs (from Rs 6,954.27 lakhs in Q1 FY25). Standalone profit after tax more than doubled to Rs 458.36 lakhs (from Rs 220.27 lakhs), and EPS rose to Rs 0.95 from Rs 0.56. On a consolidated basis, revenue grew about 28% to Rs 9,626.11 lakhs and PAT jumped to Rs 543.37 lakhs (from Rs 245.43 lakhs), helped by subsidiary Barota Finance Ltd which contributed Rs 611.28 lakhs in revenue. The board also appointed Mr. Saravjit Singh as Internal Auditor for FY 2025-26, approved the 25th AGM notice, and reconstituted several board committees. The statutory auditor issued an unmodified review report on the results. Of the IPO proceeds, Rs 6,779.74 lakhs earmarked for a new Pick & Carry Cranes manufacturing unit remains unutilized as of June 30, 2025.
Sharp year-on-year growth in both revenue and profits, along with a clean auditor report, is a positive signal for shareholders. However, a large chunk of IPO funds for capacity expansion is still parked in banks, so investors should watch for execution and deployment of these proceeds in coming quarters.