Advance Agrolife Limited's Board of Directors, at its meeting held on August 06, 2026, approved the unaudited standalone financial results for the quarter ended June 30, 2026, alongside key board-level changes. The company, which operates in the agro chemicals segment, posted a robust year-on-year improvement in both revenue and profitability for Q1FY27.

Q1FY27 Financial Performance

Advance Agrolife delivered a strong financial performance in the quarter ended June 30, 2026, with revenue from operations more than doubling on a year-on-year basis. Total income for the quarter stood at ₹3,306.27 million, compared to ₹1,687.45 million in Q1FY26 and ₹1,259.07 million in Q4FY26. Net profit for the quarter reached ₹225.46 million, a significant rise from ₹89.39 million in Q1FY26 and ₹74.61 million in Q4FY26. The company's statutory auditors, S K Patodia & Associates LLP, have expressed an unmodified opinion on the reviewed financial results.

The following table summarises the key financial metrics across periods (₹ in millions):

EPS is not annualised for the quarters ended June 30, 2026, March 31, 2026, and June 30, 2025.

Expense Breakdown

Total expenses for Q1FY27 were ₹3,003.82 million, compared to ₹1,561.17 million in Q1FY26. The primary cost driver was the cost of materials consumed at ₹2,673.55 million, followed by manufacturing and operating expenses of ₹152.71 million and other expenses of ₹98.52 million. Employee benefits expense stood at ₹44.09 million, while finance costs were ₹20.33 million and depreciation and amortization expenses were ₹30.11 million.

Board-Level Changes

The board approved two significant leadership changes at its August 06, 2026 meeting. The details are as follows:

Profile: Mr. Brijmohan Sharma

Mr. Brijmohan Sharma brings over 40 years of experience in the banking and financial services sector. He began his career in 1983 with the erstwhile Oriental Bank of Commerce and held several key leadership positions at Punjab National Bank across diverse geographies, gaining experience in Finance, Human Resources, Risk Management, and Business Management. He holds a B.Com and M.Com degree and is a Certified Associate of the Indian Institute of Bankers (CAIIB). He was recognised by the Pension Fund Regulatory and Development Authority (PFRDA) for his contribution to the implementation and promotion of the Atal Pension Yojana. He serves as an Independent Director on the boards of TT Limited and Laxmi Financial Services India Limited since September 2024. Mr. Sharma does not have any inter se relationship with other directors of the company and is not debarred from holding office as a director by any order of SEBI or any other authority.

Profile: Mr. Narendra Choudhary

Mr. Narendra Choudhary has been associated with Advance Agrolife since October 1, 2020, and has served as a director since November 30, 2023. He holds a Bachelor of Commerce and a Master of Commerce degree from the University of Rajasthan. He has over 6 years of experience, including 3 years in accounting and 3 years in operations management. His responsibilities include formulating and implementing manufacturing strategies, overseeing financial management including budgeting and forecasting, supervising cross-functional teams, and ensuring compliance and continuous improvement.

Other Board Approvals

In addition to the financial results and board changes, the directors approved several other matters at the August 06, 2026 meeting:

• Approval of the Board's Report for the financial year ended March 31, 2026, along with the Management Discussion and Analysis Report and the Corporate Governance Report
• Approval of the notice convening the 24th Annual General Meeting (AGM) of the company, scheduled to be held on Friday, September 18, 2026, via Video Conferencing (VC) / Other Audio-Visual Means (OAVM)

The company noted that its business is seasonal in nature and that results and performance of every quarter can be impacted by weather conditions and cropping patterns. The paid-up equity share capital of the company stood at ₹642.86 million as of June 30, 2026, with a face value of ₹10 per share. Other equity (excluding revaluation reserves) stood at ₹2,456.28 million as of March 31, 2026.

Advance Agrolife Limited will engage with investors and analysts during a virtual conference scheduled for June 12, 2026. The meeting is part of the Choice Institutional Equities Insight X 2026 forum and aims to facilitate interaction between company representatives and market participants.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company specified that no unpublished price-sensitive information (UPSI) will be shared during the interaction. Additionally, the schedule remains subject to change due to exigencies on the part of investors, analysts, or the company.

Meeting Details

The investor meet is organized as a group discussion via a virtual platform. The specific timing and particulars of the event are outlined below:

The information regarding the event is available on the company's official website. The filing was submitted by Nisha Gupta, Company Secretary & Compliance Officer.