Q1 FY27 results: Zero operational revenue, PAT of Rs 12.40 lakh from other income
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Signature Green Corporation (formerly Sagar Soya Products) posted Q1 FY27 standalone profit after tax of Rs 12.40 lakh versus Rs 14.97 lakh in Q1 FY26 and a loss of Rs 16.73 lakh in Q4 FY26. Revenue from operations was zero for the second straight quarter. Profit came entirely from other income of Rs 30.02 lakh. Total expenses were Rs 17.62 lakh. The company has filed an NCLT application to merge wholly owned subsidiary Arvind Foods Ltd into itself. Auditor's limited review report was clean.
Core operations produce no revenue; profit depends entirely on other income, raising sustainability concerns. NCLT merger application pending.