To consider and approve the Audited Financial Results for the Quarter and Financial Year ended 31.03.2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prima Agro Limited reported revenue from operations of Rs. 104.72 million for FY 2025-26, marginally up from Rs. 101.09 million in the previous year. The company posted a net loss of Rs. 0.59 million, significantly improved from a loss of Rs. 4.52 million in FY 2024-25. However, the auditor flagged multiple accounting concerns: preference shares were not measured at amortized cost as required by Ind AS 109, employee benefits were not applied per Ind AS 19, and business promotion expenses were improperly deferred over five years. The company also has outstanding related party loans of Rs. 4.05 crore to Ayyappa Roller Flour Mills Ltd and Rs. 6.33 lakh to Prima Alloys Pvt Ltd. Cash losses of Rs. 17.58 lakh were incurred, though this improved from Rs. 86.66 lakh in the prior year. An unresolved charge on assets for a credit facility of Rs. 55.27 lakh with no outstanding balance remains in ROC records.
The company remains loss-making with negative operating cash flows and multiple accounting standard violations, though losses have narrowed. Shareholders should be cautious given the accounting quality issues and related party lending concerns flagged by auditors.