AG Ventures Limited reported a consolidated net profit of ₹2,120.51 lakh for the quarter ended June 30, 2026, marking a significant turnaround from the ₹56.52 lakh profit recorded in the preceding quarter and a 460% year-on-year rise from ₹378.55 lakh in Q1FY25. The strong performance was primarily driven by the Investments & Trading segment, which contributed ₹2,455.34 lakh to the pre-tax result, compared to just ₹110.36 lakh in the same period last year. Concurrently, the Board of Directors approved the appointment of Sandeep Garg as Chief Financial Officer and Muskaan Suhag as Company Secretary and Compliance Officer, effective August 10, 2026.

The financial results were reviewed by statutory auditors S S Kothari Mehta & Co. LLP pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting held on August 7, 2026, also noted that the company has opted for the concessional tax regime under Section 200(5) of the Income-tax Act, 2025, effective from FY27. This decision led to the remeasurement of deferred tax assets and liabilities, impacting the current quarter's tax expense.

Financial Performance Highlights

Consolidated revenue from operations stood at ₹4,905.17 lakh in Q1FY26, up from ₹2,089.97 lakh in Q1FY25. Total income increased to ₹4,983.02 lakh from ₹2,154.18 lakh in the prior year period. Earnings per share (EPS) rose to ₹20.76 from ₹3.17 in Q1FY25.

On a standalone basis, AG Ventures reported a net profit of ₹2,027.23 lakh for Q1FY26, compared to ₹254.52 lakh in Q1FY25. Standalone revenue from operations was ₹2,599.67 lakh, significantly higher than the ₹227.02 lakh recorded in the corresponding quarter of the previous year.

What the Numbers Show

The surge in profitability is heavily concentrated in the Investments & Trading segment, which generated ₹2,455.34 lakh of the total ₹2,506.30 lakh pre-tax segment profit. In contrast, the General Engineering Products segment contributed only ₹50.96 lakh to the pre-tax profit, down from ₹107.15 lakh in Q1FY25. This divergence highlights a growing reliance on investment income rather than core engineering operations for current earnings. Additionally, finance costs remained stable at ₹62.65 lakh, while other unallocable expenditures turned negative at ₹(44.02) lakh, providing a tailwind to the bottom line.

Leadership Appointments

The Board appointed Sandeep Garg as Chief Financial Officer, effective August 7, 2026. Garg brings over 15 years of experience in finance, accounting, and regulatory compliance, having previously served with Shree Baidyanath Ayurved Bhawan Private Limited and Arth Udyog Limited. He possesses expertise in Ind AS finalization, treasury management, and audit controls.

Muskaan Suhag was appointed as Company Secretary and Compliance Officer, effective August 10, 2026. Suhag holds nearly two years of post-qualification experience and is currently serving as Compliance Officer at Superior Industrial Enterprises Limited. Her background includes tenures at Sharpline Broadcast Limited, DLF Group, and T.T. Limited, with expertise in corporate governance and SEBI regulations.

Subsidiary Update

Duncan Engineering Limited, a subsidiary of AG Ventures, incorporated DEL Arabia Company in Saudi Arabia on December 11, 2025. As of June 30, 2026, the entity had not commenced commercial operations and had no assets or liabilities. Subsequent to the quarter-end, on July 20, 2026, Duncan Engineering Limited infused equity capital of ₹158.82 lakh into DEL Arabia Company. This non-adjusting event will be reflected in future consolidated results.

AG Ventures has accepted the resignation of Mr. Vipin from the position of Company Secretary and Compliance Officer, effective July 17, 2026. The resignation, submitted to pursue career opportunities outside the organization, was acknowledged by the Board of Directors. Vipin ceased to hold office at the close of business hours on July 17, 2026.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the necessary forms would be submitted to the Registrar of Companies, and stock exchanges would be intimated to give effect to the resignation.

Resignation Details

The following table outlines the key particulars regarding the change in Key Managerial Personnel:

The intimation was signed by Arvind Goenka, Director of AG Ventures. The company’s scrip is listed on BSE Limited with the code 506579.