To consider and approve the Audited Financial Results for the quarter and year ended 31.03.2025
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Prima Agro Limited's board approved audited standalone and consolidated results for the quarter and year ended 31 March 2025. Revenue from operations fell to ₹101.09 million from ₹124.79 million last year, a decline of about 19%. The company slipped into a net loss of ₹4.52 million for FY25, compared with a profit of ₹7.20 million in FY24, with Q4 FY25 alone posting a profit of ₹8.71 million. Profit before exceptional items and tax turned negative at ₹1.42 million versus ₹47.49 million previously, dragged by exceptional items of ₹1.13 million. Operating cash flow worsened to negative ₹9.66 million and cash and cash equivalents dropped sharply to ₹0.84 million from ₹4.51 million. The statutory auditor, Grandmark & Associates, issued an unmodified opinion but included an Emphasis of Matter paragraph flagging non-compliance with Ind AS 19 (employee benefits), non-recognition of preference dividend liability, and non-separation of MSME payables.
Negative for shareholders — the company swung to a full-year loss, revenue shrank, cash position deteriorated, and the auditor highlighted several deviations from Ind AS despite an otherwise clean opinion. No dividend was declared, reducing near-term return appeal.