Cropster Agro files revised FY26 results with auditor report

1 min read     Updated on 05 Jun 2026, 06:21 PM
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AI Summary

Cropster Agro filed revised audited financial results for the quarter and year ended March 31, 2026, to include the Auditor's Report which was inadvertently omitted in the previous submission. The company confirmed there is no change in the financial figures, with the net profit for the year standing at ₹1377.58 lakh on a total income of ₹17531.44 lakh. The statutory auditors, M/s. Sarang Shivajirao Chavan and Associates, issued an unmodified opinion on the results.

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Cropster Agro filed revised audited financial results for the quarter and year ended March 31, 2026, to include the Auditor's Report which was inadvertently omitted in the previous submission. The company confirmed there is no change in the financial figures, with the net profit for the year standing at ₹1377.58 lakh on a total income of ₹17531.44 lakh. The statutory auditors, M/s. Sarang Shivajirao Chavan and Associates, issued an unmodified opinion on the results.

The Board of Directors approved the standalone financial results at a meeting held on May 30, 2026. The results were prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015. The company operates a single reportable segment, Trading, in accordance with Ind-AS 108.

Financial Performance Summary

The following table outlines the key financial metrics for the quarter and year ended March 31, 2026:

Particulars Quarter Ended 31/03/2026 (₹ In Lakhs) Year Ended 31/03/2026 (₹ In Lakhs) Year Ended 31/03/2025 (₹ In Lakhs)
Total Income 1769.26 17531.44 19485.08
Net Profit for the period 147.46 1377.58 1299.23
Equity Share Capital 8400.00 8400.00 8400.00
Earnings Per Share (Basic) 0.04 0.16 0.15

Total assets as of March 31, 2026, were reported at ₹15401.58 lakh, compared to ₹11171.85 lakh in the previous year. The company's reserves and surplus, excluding revaluation reserve, increased to ₹12170.58 lakh from ₹10792.99 lakh in the prior year.

Historical Stock Returns for Cropster Agro

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.72%-7.25%-72.44%-68.73%+139.13%

What strategies will Cropster Agro implement to reverse the decline in total income observed over the past fiscal year?

How does the company plan to utilize the significant increase in total assets to drive future growth?

Will the company consider diversifying beyond its single trading segment to mitigate sector-specific risks?

Cropster Agro appoints two independent directors

1 min read     Updated on 02 Jun 2026, 07:08 PM
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AI Summary

Cropster Agro appointed Mr. Dipak Rana and Mr. Yatharth Mimrot as Additional Non-Executive Independent Directors effective June 2, 2026. The Board also reconstituted the Audit, Nomination and Remuneration, and Stakeholders Relationship committees.

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Cropster Agro appointed Mr. Dipak Rana and Mr. Yatharth Mimrot as Additional Non-Executive Independent Directors effective June 2, 2026. The Board of Directors approved the appointments during a meeting held at the company's registered office in Ahmedabad. The reconstitution of key board committees was also finalized to align with the new leadership structure.

Mr. Dipak Rana brings over three years of experience in accounting and financial activities. His expertise includes bookkeeping, financial reporting, taxation, and regulatory compliance. He is not related to any other director on the Board. Mr. Yatharth Mimrot has over three years of experience in agri commodities, specializing in procurement, quality assessment, and supply chain management. He also holds strong knowledge of marketing agro products and dealer network development. Like Mr. Rana, he has no familial relationships with existing directors.

The Audit Committee was reconstituted with Mr. Dipak Rana as Chairperson and Mr. Yatharth Mimrot as a member. Mr. Jaivikkumar Patel, Managing Director, continues as a member of the committee. The committee composition ensures a majority of independent directors, overseeing financial reporting and compliance.

The Nomination and Remuneration Committee now includes Mr. Dipak Rana as Chairperson and Mr. Yatharth Mimrot as a member. Mr. Chirag Jonwal, a Non-Executive Independent Director, retains his position as a member. This committee is responsible for recommending director appointments and fixing remuneration.

The Stakeholders Relationship Committee was also restructured. Mr. Dipak Rana serves as Chairperson, with Mr. Yatharth Mimrot and Mr. Jaivikkumar Patel as members. The committee addresses shareholder grievances and reviews redressal mechanisms. The changes were disclosed under Regulation 30 of the SEBI (LODR) Regulations, 2015.

Committee Composition

Committee Chairperson Members
Audit Committee Mr. Dipak Rana Mr. Yatharth Mimrot, Mr. Jaivikkumar Patel
Nomination and Remuneration Committee Mr. Dipak Rana Mr. Yatharth Mimrot, Mr. Chirag Jonwal
Stakeholders Relationship Committee Mr. Dipak Rana Mr. Yatharth Mimrot, Mr. Jaivikkumar Patel

Historical Stock Returns for Cropster Agro

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-0.72%-7.25%-72.44%-68.73%+139.13%

How will the appointment of these new independent directors influence Cropster Agro's strategic direction over the next fiscal year?

What specific governance improvements or compliance measures are expected following the reconstitution of the key board committees?

How might Mr. Mimrot's expertise in agri commodities and supply chain management impact the company's operational efficiency and market expansion?

More News on Cropster Agro

1 Year Returns:-68.73%