Indogulf Cropsciences Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
IGCL · price
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Awaiting price reaction for this filing.
Indogulf Cropsciences' board, meeting on August 13, 2025, approved the unaudited quarterly financial results for Q1 FY26 (quarter ended June 30, 2025) on both standalone and consolidated basis. Statutory auditor Devesh Parekh & Co. issued a Limited Review Report with an un-modified (clean) opinion, with no qualifications, emphasis of matter, or going-concern flags. Standalone revenue from operations came in at about Rs. 1,851 million, up roughly 40% year-on-year from Rs. 1,321 million in Q1 FY25, while consolidated revenue was about Rs. 1,894 million (up around 43% YoY). Standalone profit before tax surged to Rs. 149.56 million from Rs. 14.23 million in Q1 FY25, translating into a strong PAT of around Rs. 97 million. The filing also notes that the company recently completed its IPO in early July 2025 (14.4 million fresh shares at Rs. 111 each, listing on BSE and NSE on July 3, 2025), making this the first quarterly print as a listed entity.
A clean audit opinion combined with ~40%+ revenue growth and a sharp jump in profitability signals a strong debut quarter for the newly-listed agrochemical company, which is a positive read for short-term sentiment and the post-IPO stock performance.