Kaveri Seed Company Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Kaveri Seed Company reported standalone revenue of Rs 1,42,406.59 Lakhs for FY 2025-26, up 13.8% from Rs 1,25,127.09 Lakhs in the previous year. Net Profit After Tax stood at Rs 1,028.78 Lakhs, essentially flat compared to Rs 1,024.74 Lakhs in FY 2024-25. The auditors issued an Unmodified Opinion on both standalone and consolidated financial results. However, the consolidated auditor's report highlights a Material Uncertainty Related to Going Concern for one subsidiary company (Genome Agritech Private Limited), which has negative net worth of Rs 490.64 Lakhs and current liabilities exceeding current assets by Rs 524.72 Lakhs. The company confirmed it is not a Large Corporate under SEBI guidelines.
The standalone results show steady revenue growth but flat profitability. The going concern warning for a subsidiary is a key risk factor to monitor, though it does not affect the parent company's clean audit opinion.