Board Meeting Details

The Board meeting was held on 31st July 2026, commencing at 3:15 PM and concluding at 4:50 PM. The results were also published in newspapers in the prescribed format.

Financial Results (Quarter Ended 30.06.2026)

  • Revenue From Operations: ₹8,433.03 lakhs (compared to ₹9,193.18 lakhs in Q1 FY26)
  • Other Income: ₹142.19 lakhs (compared to ₹225.47 lakhs in Q1 FY26)
  • Total Income: ₹8,576.22 lakhs (compared to ₹9,418.65 lakhs in Q1 FY26)
  • Cost of Material Consumed: ₹4,604.92 lakhs
  • Employees Benefits Expenses: ₹528.50 lakhs
  • Finance Cost: ₹67.19 lakhs
  • Depreciation and Amortisation Expense: ₹62.79 lakhs
  • Other Expenses: ₹1,305.81 lakhs
  • Total Expenses: ₹7,045.57 lakhs
  • Profit Before Tax: ₹1,529.65 lakhs (compared to ₹1,772.15 lakhs in Q1 FY26)
  • Tax Expenses: ₹443.97 lakhs (Current Tax: ₹90.43 lakhs, Deferred Tax: ₹352.54 lakhs, MAT Credit Entitlement: ₹0, Prior Period Tax Adjustment: ₹0)
  • Net Profit After Tax: ₹1,086.68 lakhs (compared to ₹1,228.46 lakhs in Q1 FY26)
  • Other Comprehensive Income: (₹1.35) lakhs
  • Total Comprehensive Income: ₹1,085.33 lakhs
  • Paid-Up Equity Share Capital: ₹463.70 lakhs (Face Value: ₹10 per share)
  • Earnings Per Share (Basic & Diluted): ₹23.44 (compared to ₹26.49 in Q1 FY26)

Comparative Financial Data

Quarter Ended 30.06.2025 (Unaudited):

  • Revenue: ₹9,193.18 lakhs
  • Net Profit: ₹1,228.46 lakhs
  • EPS: ₹26.49

Quarter Ended 31.03.2026 (Audited):

  • Revenue: ₹2,295.85 lakhs
  • Net Loss: (₹909.86) lakhs
  • EPS: (₹19.62)

Year Ended 31.03.2026 (Audited):

  • Revenue: ₹15,759.33 lakhs
  • Net Loss: (₹717.47) lakhs
  • EPS: (₹15.47)
  • Other Equity: ₹9,572.11 lakhs

Notes to Financial Results

1. The Company's business is seasonal, therefore quarterly results are not representative of full year performance.

2. Results were reviewed by Audit Committee and approved by 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. Figures of previous periods have been regrouped/rearranged where necessary.

Auditor's Emphasis of Matter

The independent auditors, Lodha & Co LLP, highlighted an emphasis matter regarding:

  • Overdue trade receivables of ₹1,823.61 lakhs from Rajasthan State Seeds Corporation (RSSC)
  • Security deposit of ₹121.68 lakhs from RSSC
  • Legal action initiated by the Company in earlier years for recovery
  • Arbitration proceedings were adjudged against the Company on grounds of limitation
  • Company's application u/s 34 of Arbitration Act dismissed by Commercial Court, Jaipur
  • Objection Application filed before High Court of Rajasthan at Jaipur under Sec. 37 of arbitration Act
  • RSSC's Special Leave Petition before Supreme Court was dismissed