The Board of Directors at its meeting held today i.e., 26th May, 2026 has approved the Audited Standalone and Consolidated Financial Results of the Company for the financial year ended ....
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Kaveri Seed Company Limited reported consolidated revenue of Rs 1,42,406.59 Lakhs for FY2026, up 13.5% from Rs 1,25,497.04 Lakhs in FY2025. Net Profit After Tax remained flat at Rs 29,583.34 Lakhs vs Rs 29,707.36 Lakhs in prior year, essentially unchanged with a marginal 0.42% decline. EBITDA margin stands at approximately 20.8%. The standalone results show revenue of Rs 1,30,376.89 Lakhs and PAT of Rs 28,326.77 Lakhs. Statutory auditors M. Bhaskara Rao & Co. issued an unmodified opinion on both standalone and consolidated financial statements.
Revenue growth of 13.5% did not translate to profit growth as PAT remained flat YoY, indicating margin compression. Auditors flagged a material uncertainty regarding one subsidiary (Genome Agri Genetics) with negative net worth of Rs 490.64 Lakhs and current liabilities exceeding assets, though this did not result in a qualified opinion.