Julien Agro Infratech Limited approved its annual report for the financial year ended March 31, 2026, during a board meeting held on August 20, 2026. The board also recommended several key leadership appointments for shareholder approval at the upcoming Annual General Meeting (AGM).

The company appointed Mr. Harkishan Singh as Chairman and Managing Director cum CEO for a five-year term. Additionally, Mr. Chandra Shekhar Tibrewala was appointed as Whole-time Director cum Chief Financial Officer. These roles are subject to ratification by shareholders.

Board Composition Changes

The board also approved the appointment of three Non-Executive Independent Directors:

• Mrs. Deepa Garg
• Mrs. Meenu Jain
• Mrs. Pushpa Joshi

All three appointments require shareholder approval at the ensuing AGM.

AGM Details

Julien Agro Infratech scheduled its Twenty-Ninth Annual General Meeting for Friday, September 18, 2026, at 10:00 am. The meeting will be held at Diamond Plaza, 5 Gopi Ghosh Lane, Kolkata.

Shareholders can participate in e-voting from Tuesday, September 15, 2026, at 9:00 am until Thursday, September 17, 2026, at 5:00 pm. The cut-off date for e-voting eligibility is Friday, September 11, 2026. Hemant Sharma & Associates has been appointed as the scrutinizer for the e-voting process.

The company will close its books from Saturday, September 12, 2026, through Friday, September 18, 2026. A soft copy of the AGM notice will be issued in due course.

Julien Agro Infratech reported a net profit of ₹97.50 lakh for the first quarter of FY26 (ended June 30, 2026), marking a return to profitability after posting a net loss of ₹607.23 lakh in the preceding quarter. Revenue from operations was ₹1,191.18 lakh, representing a sequential increase from ₹11,291.69 lakh in Q4FY26, though it declined significantly compared to ₹2,743.53 lakh in the corresponding period of the previous year.

The Board of Directors approved the unaudited financial results during its meeting held on August 13, 2026. The results were reviewed by M/s. M.K. Kothari & Associates, the statutory auditors, who issued a limited review report stating that nothing came to their attention to cause them to believe the statement contained material misstatements.

Financial Performance

The company’s total income from operations amounted to ₹1,268.70 lakh, driven by net sales and other operating income of ₹77.53 lakh. Total expenses were recorded at ₹1,171.21 lakh, primarily comprising purchases of stock-in-trade at ₹1,149.62 lakh. Employee benefits expense was ₹10.29 lakh, while other expenses stood at ₹11.29 lakh. Notably, there were no finance costs or depreciation charges recorded for the quarter.

Earnings per share (basic) for the quarter were ₹0.16, compared to a loss per share of ₹1.02 in the preceding quarter and earnings of ₹1.05 in the same period last year. The paid-up equity share capital remained unchanged at ₹5,957.80 lakh.

Leadership Changes

In addition to approving the financial results, the Board approved changes in the designations of two additional executive directors, subject to shareholder approval in the ensuing General Meeting:

• Harkishan Singh has been designated as Chairman and Managing Director cum CEO for a period of five years. He brings experience in business management, agro-business, and strategy formulation.
• Chandra Shekhar Tibrewala has been designated as Whole-time Director cum Chief Financial Officer. He possesses experience in business management, technical matters related to the company’s business, and agricultural marketing.

What the Numbers Show

The reversal to profitability in Q1FY26 was driven by a significant contraction in total expenses relative to income, despite lower revenue levels compared to the prior year. While revenue fell by approximately 57% year-on-year, the company maintained a positive operating margin, with total expenses constituting roughly 92% of total income. This contrasts with the preceding quarter where expenses exceeded income, resulting in a substantial loss. The absence of finance costs and depreciation in the current quarter further supported the bottom line improvement.