Financial Results - Consolidated (Quarter ended June 30, 2026)

Income Statement

  • Total Income: ₹0.13 crore (Unaudited)
  • Total Expenses: ₹124.62 crore (Unaudited)
  • Employee benefits expense: ₹52.51 crore
  • Finance costs: ₹22.14 crore
  • Depreciation, depletion and amortization expense: ₹20.79 crore
  • Other expenses: ₹29.18 crore
  • Profit/(Loss) before tax: (₹124.49) crore
  • Tax expense/(credit): ₹20.00 crore
  • Current tax: ₹20.00 crore
  • Deferred tax charge/(credit): ₹0.00
  • Net profit/(loss) after tax: (₹104.49) crore
  • Other comprehensive income/(loss): (₹25.04) crore
  • Total comprehensive income/(loss): (₹129.53) crore

Share Capital and EPS

  • Paid up equity share capital: ₹1,200 crore (Face value of ₹10 each)
  • Earnings/(loss) per share (Face value of ₹10 each):
  • Basic: (₹1.39)
  • Diluted: (₹1.39)

Financial Results - Standalone (Quarter ended June 30, 2026)

Income Statement

  • Total Income: ₹0.91 crore (Unaudited)
  • Revenue from operations: ₹0.91 crore
  • Other income: ₹0.00
  • Total Expenses: ₹60.57 crore (Unaudited)
  • Employee benefits expense: ₹51.06 crore
  • Finance costs: ₹0.08 crore
  • Depreciation, depletion and amortization expense: ₹0.07 crore
  • Other expenses: ₹9.37 crore
  • Profit/(Loss) before tax: (₹59.66) crore
  • Tax expense/(credit): ₹0.00
  • Current tax: ₹0.00
  • Deferred tax charge/(credit): ₹0.00
  • Net profit/(loss) after tax: (₹59.66) crore
  • Other comprehensive income/(loss): ₹0.00
  • Total comprehensive income/(loss): (₹59.66) crore

Share Capital and EPS

  • Paid up equity share capital: ₹1,200 crore (Face value of ₹10 each)
  • Earnings/(loss) per share (Face value of ₹10 each):
  • Basic: (₹0.80)
  • Diluted: (₹0.80)

Key Notes and Disclosures

1. ESOP Grant

2. Rights Issue

The Board approved a rights issue of up to 1,20,00,000 partly paid-up equity shares at an issue price of ₹33 per equity share (face value of ₹10 per share and premium of ₹23 per share). An amount of ₹23 per equity share (comprising face value of ₹5 per share and premium of ₹18 per share) was received on application on or before 5th January 2026. The balance amount shall be receivable in one or more subsequent call(s).

3. Labour Codes Implementation

The Government of India notified provisions of four Labour Codes on November 21, 2025. The Group has assessed and accounted the incremental impact based on best available information and actuarial valuation during the quarter and year ended 31st March 2026. Further evaluation will be done upon notification of related Rules.

4. Acquisition of Anirit Agritech Private Limited

During the previous year, the company acquired 100% stake in Anirit Agritech Private Limited from Oilmax Energy Private Limited through a Share Purchase Agreement dated January 14, 2026. This business combination involving entities under common control has been accounted for using the pooling of interests method, requiring restatement of comparative financial information from September 27, 2024.

Restatement Impact:

  • June 2025 Quarter Total Revenue: Restated to ₹0.13 crore from ₹0.03 crore
  • June 2025 Quarter Net Profit/(Loss) After Tax: Restated to (₹119.79) crore from (₹87.18) crore

5. Segment Information

The company is primarily engaged in one operating segment which is Agri-Ancillary segment, with no reportable segments as per Ind AS 108.

6. Auditor Information

The limited review was conducted by SGCO & Co. LLP, Chartered Accountants (FRN: 112081W/W100184), with Partner Suresh (Mem. No.: 44739) signing the reports.