The financial results are presented in ₹ lakhs (1 lakh = 100,000).

Key Financial Figures for Quarter Ended 30.06.2026 (Unaudited)

  • Revenue From Operations: ₹8,433.03 lakhs (Q1 FY26: ₹9,193.18 lakhs)
  • Other Income: ₹142.19 lakhs (Q1 FY26: ₹225.47 lakhs)
  • Total Income: ₹8,576.22 lakhs (Q1 FY26: ₹9,418.65 lakhs)

Expenses

  • Cost of Material Consumed: ₹4,604.92 lakhs
  • (Increase)/Decrease in Inventories: ₹476.36 lakhs (increase)
  • Employees Benefits Expenses: ₹528.50 lakhs
  • Finance Cost: ₹67.19 lakhs
  • Depreciation and Amortisation: ₹62.79 lakhs
  • Other Expenses: ₹1,305.81 lakhs
  • Total Expenses: ₹7,045.57 lakhs

Profitability

  • Profit Before Exceptional Items and Tax: ₹1,529.65 lakhs
  • Profit Before Tax: ₹1,529.65 lakhs (no exceptional items)
  • Tax Expenses:
  • Current Tax: ₹90.43 lakhs
  • Deferred Tax: ₹352.54 lakhs
  • Net Profit After Tax: ₹1,086.68 lakhs
  • Other Comprehensive Income (Net of Tax): (₹1.35) lakhs
  • Total Comprehensive Income for the Period: ₹1,085.33 lakhs

Capital and Earnings

  • Paid-Up Equity Share Capital (Face Value ₹10/- per share): ₹463.70 lakhs
  • Earning Per Share (Basic & Diluted): ₹23.44

Comparative Figures

Quarter ended 30.06.2025 (Unaudited)

  • Net Profit After Tax: ₹1,228.46 lakhs
  • Total Comprehensive Income: ₹1,226.69 lakhs
  • EPS: ₹26.49

Year Ended 31.03.2026 (Audited)

  • Revenue From Operations: ₹15,759.33 lakhs
  • Net Profit/(Loss) After Tax: (₹717.47) lakhs
  • EPS: (₹15.47)

Notes to the Financial Results

1. The Company's business is seasonal; therefore, the results of the current quarter are not representative of the full year's performance.

2. The results were reviewed by the Audit Committee and approved by the Board of Directors on 31st July 2026.

3. The Company operates only in one segment: Agri and Allied Products.

4. El-Nino conditions have impacted the current quarter operations.

5. The figures of previous periods have been regrouped/rearranged wherever necessary.

Auditor's Review Report

The Independent Auditor, Lodha & Co LLP, issued a review report on the unaudited financial results. Their review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by the ICAI.

Emphasis of Matter

The auditors drew attention to an ongoing legal matter concerning overdue trade receivables of ₹1,823.61 lakhs and a security deposit of ₹121.68 lakhs from Rajasthan State Seeds Corporation (RSSC). Legal action was initiated by the Company in an earlier year for recovery. Key developments in this case include:

  • A petition for arbitration proceedings filed by the Company was adjudged against it on grounds of limitation.
  • An application u/s 34 of the Arbitration and Conciliation Act filed before the Commercial Court, Jaipur, was dismissed.
  • The Company has filed an Objection Application before the High Court of Rajasthan at Jaipur challenging the orders of the commercial court under Section 37 of the Arbitration Act.
  • RSSC had filed a Special Leave Petition (SLP) before the Supreme Court against the orders of the High Court of Rajasthan, which was dismissed.

The auditor's conclusion is not modified in respect of this matter.