Unaudited Financial Result for the quarter ended December 31, 2025
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Spright Agro Limited (formerly Tine Agro Limited) reported a sharp deterioration in Q3 FY26. Revenue from Operations collapsed to Rs. 455.73 lacs from Rs. 5,490.98 lacs in Q3 FY25, a decline of roughly 92%. The company swung to a net loss of Rs. 1,034.90 lacs versus a profit of Rs. 708.88 lacs in the year-ago quarter. For the nine months ended December 31, 2025, the company posted a net loss of Rs. 467.35 lacs against a profit of Rs. 2,029.74 lacs in 9M FY25. Basic EPS for Q3 FY26 turned negative at Rs. (0.10) compared to Rs. 0.07 in Q3 FY25. The statutory auditor issued a Limited Review Report with an Emphasis of Matter, flagging that Trade Receivables, Trade Payables, and Loans & Advances balances are pending third-party confirmation and reconciliation.
Steep revenue fall and a swing to heavy losses, combined with the auditor's unresolved verification of key balances, signal serious operational and accounting concerns that could weigh negatively on the stock and erode shareholder confidence.