Agri-Tech (India) Ltd narrowed its standalone net loss to ₹2.85 lakh for the quarter ended June 30, 2026, aided by a significant increase in revenue. The company reported a loss of ₹10.18 lakh in the corresponding quarter of the previous year. Revenue from operations surged to ₹20.40 lakh in Q1FY27, up from ₹11.53 lakh in Q1FY26. Total expenses for the quarter stood at ₹23.25 lakh, compared to ₹21.71 lakh in the prior year period.

The Board of Directors approved the unaudited standalone financial results for the quarter at a meeting held on July 15, 2026. The results were reviewed by the Audit Committee on July 14, 2026. The company’s statutory auditor, K. P Sahasrabudhe & Co., issued a limited review report with a qualified conclusion regarding the non-provision of interest on loans given to Tech India Nirman Ltd. The auditors noted that the absence of interest is not in compliance with Section 186 of the Companies Act, 2013, and Ind AS 109, leading to a misstatement in financial asset valuation. The matter is currently sub judice before the Supreme Court of India, and the impact could not be ascertained.

Financial Performance

The company’s operational metrics showed mixed trends during the quarter. While revenue improved, the company continued to report a loss from ordinary activities before tax. Earnings per share (EPS) for the quarter stood at (0.05), compared to (0.17) in the same period last year. The paid-up equity share capital remained constant at ₹594.00 lakh.

Standalone Financial Results (₹ in Lakhs)

Corporate Governance

The Board approved the date for the Annual General Meeting (AGM), scheduled to be held on September 16, 2026, at 11:00 am via video conference. The company stated that the procedure for participation, along with details regarding book closure and the record date, would be intimated separately. There were no investor complaints received or pending at the end of the quarter.

Agri-Tech (India) Ltd has appointed M/s. KP Sahasrabudhe & Co. as its statutory auditor for a term of five years, subject to shareholder approval. The appointment, effective from June 20, 2026, was approved by the Board of Directors based on the recommendation of the Audit Committee. The firm, which has been serving since February 12, 2026, brings over 25 years of experience in audit and taxation. This move ensures compliance with Section 139 of the Companies Act, 2013.

The board also appointed M/s. P A Agrawal & Associates as the internal auditor for the financial year 2026-27. This appointment, effective from June 20, 2026, was made pursuant to Section 138 of the Companies Act, 2013. The firm, established in April 2021, specializes in internal audits, tax audits, and compliance services across various sectors.

Statutory Auditor Details

The appointment of M/s. KP Sahasrabudhe & Co. is subject to approval by the shareholders. The firm has confirmed its eligibility under Sections 139 and 141 of the Companies Act, 2013. The table below outlines the key particulars of the appointment.

Internal Auditor Details

M/s. P A Agrawal & Associates has been appointed to oversee internal audit functions for the financial year 2026-27. The firm is headquartered in Akot, Maharashtra, and is supported by a team of qualified professionals.