Alfavision Overseas (India) Limited appointed Mr. Satyam Chourasia as an independent director effective August 14, 2026. The board approved the five-year term based on the Nomination and Remuneration Committee’s recommendation.

The appointment requires shareholder approval at the company’s 32nd Annual General Meeting. Mr. Chourasia holds a Bachelor of Commerce degree and has completed the Executive Programme of the Company Secretary course.

Director Profile

Mr. Chourasia brings 21 months of practical training and two years of professional experience in corporate compliance and regulatory matters. He confirmed he is not disqualified under the Companies Act, 2013, nor debarred by the Securities and Exchange Board of India.

The disclosure was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Chourasia is not related to any existing director of the company.

Alfavision Overseas (India) Ltd reported a significant contraction in both top-line and bottom-line figures for the first quarter of FY27. The organic farming company posted a net profit of ₹4.84 lakh for the quarter ended June 30, 2026, a decline of 43% year-on-year from ₹8.52 lakh recorded in Q1FY26. On a quarterly basis, profit also slipped by 62% from ₹12.63 lakh in Q4FY26.

Revenue from operations fell sharply to ₹57.61 lakh, down 57% from ₹132.97 lakh in the corresponding period last year. The company did not report any other income during the quarter, meaning total revenue remained flat at ₹57.61 lakh. For the full fiscal year FY26, Alfavision Overseas had generated total revenue of ₹199.05 lakh and a net profit of ₹14.10 lakh.

What the Numbers Show

The divergence between the quarterly profit decline and the steeper revenue drop highlights a compression in operating leverage. While revenue halved compared to the prior year, the profit decline was less severe in absolute terms relative to the revenue base, suggesting fixed cost absorption remained stable despite lower volume. However, the absence of other income means the entire profit figure is derived strictly from core operations, which are currently under pressure.

Financial Highlights

The earnings per share (basic and diluted) stood at ₹0.01, down from ₹0.03 in Q1FY26. The company operates exclusively in the organic farming segment, so no separate segment disclosures were provided as per Ind AS-108.

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 14, 2026. The results have been published in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.