Key Financial Figures (Quarter Ended June 30, 2026)
- Other Income: ₹3977.49 lakhs
- Total Income (Net): ₹3977.49 lakhs
- Total Expenses: ₹3895.94 lakhs
- Profit Before Tax: ₹81.55 lakhs
- Tax Expenses: ₹21.19 lakhs (Current Tax: ₹21.17 lakhs, Tax of Earlier Years: ₹0.02 lakhs)
- Net Profit for the Period: ₹60.36 lakhs
- Earnings Per Share (Basic & Diluted): ₹0.19
Comparative Financial Performance
- Preceding Quarter (March 31, 2026): Net Profit of ₹92.83 lakhs (EPS: ₹0.38)
- Corresponding Quarter Previous Year (June 30, 2025): Net Loss of ₹(11.22) lakhs (EPS: ₹(0.75))
- Year to Date (March 31, 2026): Net Profit of ₹187.53 lakhs (EPS: ₹0.77)
Capital Structure Changes
- Paid-up Equity Share Capital: Increased to ₹3249.90 lakhs (from ₹2450.40 lakhs in previous quarter)
- Face Value of Equity Share: ₹10.00
- During the quarter, the company converted 79,95,000 warrants into equity shares upon receipt of ₹122.38 crores (₹122,38,60,000) comprising face value and premium.
Auditor's Review and Qualifications
Statutory Auditors SK Bhavsar & Co. issued a Limited Review Report with several emphasis of matter points:
- Unable to verify sales invoices, purchase invoices, and documents necessary to verify transactions and end-utilization of funds from warrant conversion (₹22.39 crores)
- Unable to verify physical stock/inventory as at June 30, 2026, as management representation letter was not furnished
- Confirmations for certain trade receivable and trade payable balances not obtained
- Company gave interest-free advances aggregating ₹26.10 crores during the quarter without adequate supporting documentation
- Reliable value and supporting documents relating to investments were not presented
Segment Information
The company operates in a single primary segment: "Trading of Agriculture Product". Disclosure requirements of Ind AS 108 for operating segments are not applicable.