Galaxy Agrico Exports Ltd reported a net loss of ₹117.24 lakh for the quarter ended March 31, 2026, a sharp reversal from the net profit of ₹2.43 lakh recorded in the corresponding period of the previous year. The company's total income from operations fell to ₹14.48 lakh in Q4FY26, down from ₹108.03 lakh in Q4FY25. For the full financial year ended March 31, 2026, the company posted a net profit of ₹381.42 lakh on a total income of ₹265.66 lakh.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at its meeting held on May 30, 2026. The financial results have been extracted from the audited financial statements and prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (IndAS) and Regulation 33 of SEBI (LODR) Regulations, 2015.

Financial Performance

The company's financial performance for the quarter and year reflects significant volatility. The net profit for the period before exceptional items stood at -₹70.46 lakh for the quarter, compared to ₹0.12 lakh in the prior year. For the full year, the net profit before exceptional items was ₹416.18 lakh.

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

Capital and Reserves

The company's equity share capital increased to ₹370.50 lakh as of March 31, 2026, from ₹273.16 lakh in the previous year. This increase follows the approval of a rights issue by the Right Issue Committee. The company issued 1,36,58,100 Right Equity Shares at a price of ₹35.87 per share, which opened for subscription on February 2, 2026, and closed on March 2, 2026. The issue was subscribed to by 96.35%, and the allotment of shares was approved on March 5, 2026.

The proceeds from the rights issue have been maintained in a separate Share Issue Allotment Account to ensure proper utilization and accounting. Reserves, excluding revaluation reserve, remained at nil for the current and previous reporting periods.

Earnings Per Share

The Basic and Diluted Earnings Per Share (EPS) for the quarter ended March 31, 2026, stood at -₹3.16, compared to ₹0.09 in the same quarter of the previous year. For the full year FY26, the EPS was ₹10.29, up from ₹0.30 in FY25.

Galaxy Agrico Exports Limited has submitted an application to BSE Limited seeking the reclassification of its existing Promoter(s) and Promoter Group members to the Public Category. The move follows requests received from the promoters on March 30, 2026, and March 31, 2026, and aims to alter the shareholding structure in accordance with regulatory norms.

The Board of Directors of the company approved the reclassification requests during its meeting held on April 09, 2026. Subsequently, the company filed the formal application along with requisite documents and applicable fees to the exchange on April 14, 2026. The submission was made within five days of the board approval, and the matter is currently under process for consideration.

The intimation was made to the stock exchange under Regulation 31A(8)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously informed the exchange about the receipt of request letters and the convening of the board meeting to consider the said requests.

Chronology of Events

The following table outlines the sequence of events leading to the submission of the reclassification application:

The application is presently under review by BSE Limited. The reclassification, once approved, will change the status of the promoter group members to public category shareholders.