Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results
Audit Opinion:
Unqualified review opinion with emphasis of matter regarding insurance claim litigation.
Key Financial Highlights [Amount in Lakhs]:
Consolidated Results:
Revenue from Operations: ₹3,15,183.14 (28% increase from ₹2,46,391.67 in Q1 FY25)
Total Income: ₹3,16,129.11
Net Profit: ₹18,344.58 (9% increase from ₹16,850.46 in Q1 FY25)
EPS: ₹5.28 (basic and diluted)
Total Comprehensive Income: ₹19,464.91
Standalone Results:
Revenue from Operations: ₹1,17,208.12 (12% increase from ₹1,05,056.30 in Q1 FY25)
Total Income: ₹1,17,610.57
Net Profit: ₹7,015.77 (90% increase from ₹3,698.79 in Q1 FY25)
EPS: ₹2.02 (basic and diluted)
Total Comprehensive Income: ₹8,059.08
Quarterly Comparison (Consolidated):
- Revenue from Operations: Q1 FY26 ₹2,46,391.67 → Q1 FY27 ₹3,15,183.14 (+28% YoY)
- Net Profit: Q1 FY26 ₹16,850.46 → Q1 FY27 ₹18,344.58 (+9% YoY)
- EPS: Q1 FY26 ₹4.85 → Q1 FY27 ₹5.28
Expense Breakdown (Consolidated):
Cost of materials consumed: ₹1,63,786.14
Purchases of stock-in-trade: ₹39,740.36
Employee benefits expense: ₹17,996.86
Finance costs: ₹4,027.63
Depreciation and amortization: ₹7,405.83
Other expenses: ₹48,613.84
Tax Expense (Consolidated):
Current tax: ₹8,065.51
Deferred tax: (₹1,420.24)
Total tax expense: ₹6,645.27
Segment-wise Performance:
The Group operates in a single primary reportable segment of manufacturing, trading and marketing of rice as per IND AS 108.
Corporate Actions:
The Board approved convening the 36th Annual General Meeting on Tuesday, September 29, 2026 at 11:30 AM (IST) through Video Conferencing and Other Audio-Visual Means.
No dividend declarations, share splits, bonus issues, or buybacks announced.
Other Significant Information:
Insurance Claim Litigation: Ongoing litigation regarding ₹134.11 crore insurance claim for Daawat Foods Limited. The Insurance Company deposited ₹265.04 crore as per Supreme Court order, but the amount is recorded as liability pending final disposal.
Countervailing Duty Case: Ecopure Specialities Limited faced US-DOC countervailing duty investigation. Final order reduced CVD rate from 340.27% to 75.48% on exports of approximately ₹50 crore. Case appealed to US Court of International Trade with injunction issued on May 11, 2026.
Subsidiary Information: Consolidated results include subsidiaries such as LT Food USA, LLC; Nature Bio Foods Inc.; Raghunath Agro Industries Private Limited; and various other international subsidiaries.