Pursuant to regulation 47 of SEBI (LODR) regulation, enclosed herewith is the newspaper publication of Audited Financial results of the Company for the quarter and year ended 31st March, ....
Awaiting price reaction for this filing.
Nagarjuna Agri Tech Ltd has published its audited financial results for the quarter and full year ended March 31, 2025, as required under SEBI LODR Regulation 47. The results were approved by the Audit Committee and Board on May 2, 2025, and published in Financial Express (English) and Mana Telangana (Telugu) on May 3, 2025. For FY25, the company reported a profit after tax of about Rs 46.27 lakhs, a sharp drop from Rs 358.35 lakhs in FY24. For Q4 FY25 alone, profit after tax stood at Rs 4.94 lakhs, with total income from operations being negligible. Basic and diluted EPS for FY25 was around Rs 0.55 per share. The company noted it has sold the majority portion of its land assets, and exceptional items include profit on sale of unlisted equity and profit/loss on asset sales. Additionally, promoters have accepted an Open Offer for sale of promoter shares, which was approved by SEBI via letter dated October 23, 2024.
Sharply lower FY25 profits compared to FY24 reflect the wind-down of the company's land-asset-sale-driven earnings. The SEBI-approved promoter Open Offer signals an upcoming change in ownership/control, which is a key event for shareholders to monitor.