Nature of Event

The Board of Directors of Hindustan Agrigenetics Limited approved the unaudited standalone financial results for the quarter ended 30 June 2026 (Q1 FY2027) at a meeting held on 14 August 2026 from 4:00 PM to 4:30 PM.

Financial Results Summary

Quarterly Performance (Quarter ended 30 June 2026)

  • Revenue from Operations: ₹0.00 lakhs (compared to ₹4.33 lakhs in Q4 FY2026 and ₹4.33 lakhs in Q1 FY2026)
  • Other Income: ₹20.64 lakhs (including Interest Income of ₹22.86 lakhs and Changes in Value of Investments of -₹2.22 lakhs)
  • Total Revenue: ₹43.50 lakhs
  • Total Expenses: ₹10.97 lakhs
  • Profit Before Tax: ₹32.53 lakhs
  • Tax Expense: ₹2.47 lakhs (Current Tax)
  • Profit After Tax: ₹30.06 lakhs
  • Earnings Per Share (Basic): ₹0.68
  • Earnings Per Share (Diluted): ₹0.68

Comparative Performance

Vs. Previous Quarter (31 March 2026):

  • Previous quarter showed loss after tax of ₹41.22 lakhs
  • Current quarter shows profit turnaround of ₹30.06 lakhs

Vs. Year-Ago Quarter (30 June 2025):

  • Year-ago quarter profit after tax was ₹40.19 lakhs
  • Current quarter profit is ₹10.13 lakhs lower

Expense Breakdown (Quarter ended 30 June 2026)

  • Employee Benefits Expense: ₹2.39 lakhs
  • Finance Cost: ₹0.92 lakhs
  • Depreciation and Amortisation Expense: ₹0.51 lakhs
  • Other Expenses: ₹8.08 lakhs (primarily Other Administrative Expenses)

Capital Structure

  • Paid-up Share Capital: ₹440.02 lakhs (unchanged from previous periods)
  • Face Value per Share: ₹10.00
  • Total Reserves: ₹775.74 lakhs

Business Segment Information

  • The company has one reportable business segment: Trading in Agricultural Seeds

Auditor Review

  • Statutory Auditors Anant Rao & Mallik (FRN: 006266S) issued Limited Review Report
  • Review conducted in accordance with Standard on Review Engagements (SRE) 2410
  • Auditors found no material misstatements in the financial results
  • Review provides moderate assurance (less than audit opinion)

Notes to Financial Results

1. Results reviewed by Audit Committee and approved by Board of Directors on 14 August 2026

2. Company adopted Indian Accounting Standards (Ind AS) from 1 April 2017

3. Previous period figures rearranged/regrouped for current period classification