This is to inform you that the Board of Directors of the Company at their meeting held today i.e. Tuesday, 27th May, 2025 at its registered office has inter alia considered and approved ....
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Mukta Agriculture's Board met on 27th May 2025 and approved the audited financial results for Q4 and full year ended 31st March 2025. The company reported zero revenue from operations and a total income of Rs. 17.28 lakhs for FY25, down from Rs. 39.90 lakhs in FY24. Net loss after tax narrowed sharply to Rs. 15.75 lakhs (FY25) versus Rs. 193.26 lakhs (FY24), largely due to the absence of a one-time Rs. 199.22 lakh exceptional loss booked last year. Total comprehensive income turned positive at Rs. 6.01 lakhs versus a Rs. 168.47 lakh loss previously. The statutory auditor (Sunil Vankawala & Associates) issued an unmodified opinion. The Board also appointed M/s. Sanjonaa & Associates as the new Internal Auditor for FY 2025-26, replacing the previous auditor whose one-year tenure ended.
The company continues to show no operational revenue and remains dependent on investment income. While the bottom line has improved versus the previous year's loss-heavy base, the underlying business activity remains minimal and shareholders should not read this as a turnaround. The routine internal auditor change is unlikely to move the stock. Trading window closure was already in effect and will reopen 48 hours after this declaration.