We wish to inform you that the Board of Directors in their meeting held on 2nd May, 2025 has inter alia considered and approved the Audited Financial results along with Independent Auditor''s ....
Awaiting price reaction for this filing.
Nagarjuna Agri Tech Limited's Board approved the audited financial results for Q4 and FY ended March 31, 2025. Revenue from operations collapsed to just ₹0.61 lakhs for FY25 from ₹246.51 lakhs in FY24 (a ~99.7% drop). Total income fell to ₹39.67 lakhs from ₹273.92 lakhs, though the company still reported a small profit of ₹46.27 lakhs for the year (vs ₹358.35 lakhs last year) helped by other income and exceptional items like profit on sale of investments and assets. The auditor has flagged an Emphasis of Matter noting that the company sold the majority of its land assets and that these conditions raise material uncertainty about its ability to continue as a going concern. Cash from operations turned sharply negative at -₹703.27 lakhs (vs +₹5.82 lakhs last year) and cash balance dropped to nearly zero.
This is a concerning filing — core revenue has virtually disappeared, the auditor has raised a going concern doubt, and operating cash flows are deeply negative. Shareholders should treat this as a high-risk stock; the SEBI-approved promoter open offer (Oct 2024) suggests potential ownership change. Expect negative price reaction given the going concern flag and near-zero cash position.