Greenhitech Ventures Limited board of directors approved the Director's Report for the financial year ended March 31, 2026, and the notice for its third Annual General Meeting. The approvals were made during a board meeting held on September 3, 2026, at the company's registered office in Varanasi.

The board also appointed M/s Nikunj Kanabar & Associates as the scrutinizer for the voting process. The firm will oversee both e-voting and ballot paper voting procedures at the upcoming AGM. Additionally, the board fixed the cut-off date to determine member eligibility for attending the meeting or voting on resolutions.

Board Meeting Details

The meeting commenced at 4:00 pm and concluded at 4:30 pm. The agenda items considered and approved by the directors included:

• Director's Report for FY26
• Notice of the 3rd Annual General Meeting
• Appointment of scrutinizer for e-voting and ballot processes
• Fixation of cut-off date for AGM attendance and voting

Naved Iqbal, Managing Director of Greenhitech Ventures Limited, signed the disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Greenhitech Ventures reported a 13% decline in net profit for the financial year ended March 31, 2026, to ₹131.30 lakh, down from ₹150.74 lakh in the previous year. Revenue from operations for FY26 stood at ₹1,938.96 lakh, a slight decrease from ₹1,957.75 lakh in FY25. The company's primary business segment is the trading of food grains and fuel oils.

The Board of Directors approved the audited standalone and consolidated financial results for the half-year and financial year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, M/s Goel Vinay and Associates, issued an unmodified opinion on the financial results. Additionally, the Board appointed M/s S A & Associates, Chartered Accountants, as the Internal Auditor for F.Y. 2026-27.

Standalone Financial Performance

For the full year ended March 31, 2026, the company reported a total revenue of ₹1,944.84 lakh, compared to ₹1,959.81 lakh in the prior year. Total expenses increased to ₹1,769.37 lakh from ₹1,758.37 lakh. Profit before tax for the year was ₹175.47 lakh, lower than the ₹201.44 lakh recorded in FY25. The basic earnings per equity share for FY26 were ₹1.01, down from ₹3.21 in the previous year.

Consolidated Financial Performance

On a consolidated basis, the group reported a revenue of ₹3,759.70 lakh for FY26, significantly higher than ₹1,957.75 lakh in the previous year. This increase was driven by the inclusion of subsidiaries, Greenkashi Bio Energy Private Limited and Tritech Industrial Solutions Private Limited, during the financial year. However, consolidated net profit after tax fell to ₹75.20 lakh from ₹150.74 lakh in FY25. Consolidated profit before tax stood at ₹101.90 lakh, down from ₹201.44 lakh.

Financial Position and Cash Flows

The standalone balance sheet as of March 31, 2026, showed a total asset base of ₹11,647.04 lakh, a substantial increase from ₹2,449.40 lakh in the previous year. Shareholders' funds rose to ₹10,272.48 lakh, driven by an increase in share capital to ₹1,298.92 lakh and reserves and surplus to ₹8,701.29 lakh. The company raised ₹8,960.51 lakh through the issuance of shares during the year. Cash and cash equivalents improved to ₹81.11 lakh from ₹5.96 lakh at the end of FY25.