Financial Results Summary (Rs. in lacs except per share data)

Quarterly Performance (Q2 FY2026)

  • Revenue from Operations: ₹921.66 lakhs
  • Other Income: ₹0.00 lakhs
  • Total Income: ₹921.66 lakhs
  • Total Expenses: ₹768.39 lakhs
  • Purchases of Stock-in-trade: ₹596.84 lakhs
  • Changes in inventories of Stock-in-Trade: ₹150.00 lakhs
  • Employee benefits expenses: ₹1.65 lakhs
  • Other Expenses: ₹19.91 lakhs
  • Profit Before Tax: ₹153.27 lakhs
  • Tax Expenses: ₹33.53 lakhs
  • Current Tax: ₹39.94 lakhs
  • Tax of Earlier Years: (₹6.41) lakhs (credit)
  • Net Profit for the period: ₹119.74 lakhs
  • Earnings Per Share (Basic & Diluted): ₹0.07

Comparative Performance

Compared to Q1 FY2026 (March 31, 2026):

  • Revenue decreased from ₹1,640.33 lakhs to ₹921.66 lakhs (-43.8%)
  • Net profit increased from ₹87.89 lakhs to ₹119.74 lakhs (+36.2%)

Compared to Q2 FY2025 (June 30, 2025):

  • Revenue increased from ₹566.05 lakhs to ₹921.66 lakhs (+62.8%)
  • Net profit increased from ₹59.97 lakhs to ₹119.74 lakhs (+99.7%)

Year-to-date figures (for the period ended March 31, 2026):

  • Revenue from Operations: ₹5,787.87 lakhs
  • Other Income: ₹21.34 lakhs
  • Total Income: ₹5,809.21 lakhs
  • Net Profit: ₹270.32 lakhs
  • EPS: ₹0.17

Capital Structure

  • Paid-up Equity Share Capital: ₹1,601.50 lakhs (unchanged from previous periods)
  • Face Value per Equity Share: ₹1.00
  • Reserves (as per previous accounting year): ₹369.56 lakhs
  • Debt Capital: ₹0.00 lakhs (no outstanding debt securities)

Business Segments

The company has only one business segment - Trading in Agriculture Products. There are no reportable segments that qualify for separate disclosure under Ind AS.

Auditor's Review

SK Bhavsar & Co., Chartered Accountants conducted a limited review of the financial results as per Regulation 33 of SEBI (LODR) Regulations, 2015.

Emphasis of Matter

1. Pending Verification: Trade receivables, trade payables, and all loans and advances (including deposits made or received) as of the balance sheet date are pending comprehensive verification through direct confirmations from external parties and reconciliation with internal ledger records.

2. GSTN Status: The company did not have a GSTN during the audit period. Revenue from goods sales requires specific GST verification. Auditors performed alternative procedures including vouching of sales and purchase invoices with supporting documents.

3. Bank Account: The company does not maintain a bank account in its own name.

The auditors state that these matters do not impact their review opinion.

Additional Information

  • The financial results have been prepared in accordance with Ind AS 34 "Interim Financial Reporting"
  • Figures for previous periods have been rearranged/regrouped for comparability
  • The company has no discontinuing operations
  • No exceptional or extraordinary items were recorded during the quarter
  • No comprehensive income other than net profit