Nagarjuna Agri Tech Limited approved its revised Directors' Report and Annual General Meeting notice for FY26 during a board meeting held on September 2, 2026. The approval sets the stage for shareholder engagement regarding the company's performance over the fiscal year.

The board convened at 5:00 pm and concluded at 6:15 pm. In addition to the primary agenda items, directors addressed other general business matters as required under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Approvals

The meeting focused on regulatory compliance and corporate governance formalities for the upcoming financial cycle. Key decisions included:

• Approval of the revised Directors' Report along with requisite annexures for FY25-26.
• Approval of the revised draft notice for convening the Annual General Meeting for FY25-26.
• Addressal of other general business items with the permission of the Chair.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Deepika Bhutra, Company Secretary and Compliance Officer, certified the outcome of the meeting.

The company maintains its registered office in Hyderabad and corporate office in Kolkata. Shareholders should monitor official communications for further details regarding the AGM schedule and financial disclosures.

Nagarjuna Agri-Tech Limited reported a standalone net loss of ₹91.17 lakh for the quarter ended June 30, 2026, reversing the net profit of ₹2.17 lakh recorded in the corresponding period of FY26. The deterioration in profitability was driven by a sharp contraction in revenue from operations, which fell 92.05% year-on-year to ₹2,014.70 lakh from ₹25,312.12 lakh in Q1FY26. This decline highlights significant operational headwinds facing the agri-tech firm as it navigates a challenging market environment.

The Board of Directors approved the unaudited financial results on August 11, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors carried out a limited review and issued an unmodified review conclusion on the standalone financials. The company published the results in "Financial Express" and "Mana Telangana" on August 12, 2026, as required under Regulation 47.

Financial Performance

Standalone revenue from operations stood at ₹2,014.70 lakh, down significantly from ₹25,312.12 lakh in Q1FY26. Total income decreased to ₹2,024.37 lakh from ₹166.30 lakh in the prior year period, reflecting the scale of operational reduction. Total expenses amounted to ₹2,119.32 lakh, including ₹1,267.54 lakh for purchase of stock in trade and ₹122.51 lakh for employee benefit expenses. The company incurred a loss from operations before exceptional items of ₹94.95 lakh, compared to a profit of ₹2.17 lakh in Q1FY26.

On a consolidated basis, the company reported a net loss of ₹3.97 lakh for the quarter, compared to a net profit of ₹2.17 lakh in Q1FY26. Consolidated revenue from operations was ₹3,218.12 lakh, up from ₹153.12 lakh in the previous year, indicating some variance in consolidation scope or subsidiary performance relative to the standalone entity.

What the Numbers Show

The divergence between standalone and consolidated revenue trends warrants attention. While standalone revenue collapsed by over 90%, consolidated revenue increased substantially from the prior year period. This suggests that the primary revenue drivers may now be concentrated in subsidiaries or that the prior year’s standalone figures included non-recurring or large-scale transactions not present in the current quarter. The narrow consolidated loss despite the standalone deficit indicates that subsidiary operations may be providing a buffer, though overall profitability remains under pressure. Management noted active engagement in discussions regarding future strategic direction amid these shifting dynamics.