M.P. Agro Q1 FY26-27 Results and MD Re-appointment
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M.P. Agro Industries board on 13 Aug 2026 approved Q1 FY26-27 unaudited results. Total income rose to about Rs 9.69 lakh from Rs 9.23 lakh year-on-year. However, profit after tax fell to Rs 1.16 lakh from Rs 1.90 lakh, a drop of around 39 percent, on higher expenses of Rs 8.13 lakh. EPS stood at Rs 0.02 versus Rs 0.03. Auditors issued an unmodified limited review opinion. Board also re-appointed Mr Yunus Memon as Managing Director, subject to shareholder approval.
PAT fell sharply while revenue grew modestly. MD re-appointment is routine but needs shareholder nod at the AGM.