Octavius Plantations has postponed its board of directors meeting originally scheduled for August 21, 2026. The company cited unavoidable circumstances for the delay, rescheduling the session to August 31, 2026, at 3 pm.

The board intends to use the meeting to finalize preparations for the 42nd Annual General Meeting (AGM) and approve financial documents for FY26.

Agenda Items

The rescheduled meeting will cover several key corporate governance and administrative matters:

• Fixing the date, time, and place for the 42nd AGM
• Determining the closure dates for registers and share transfer books
• Setting the record date and period for e-voting facilities
• Approving the notice for the 42nd AGM
• Endorsing the directors’ report along with all annexures
• Finalizing and approving the 42nd annual report for FY25-26

Director Re-appointments

The board also plans to propose the re-appointment of two directors, subject to shareholder approval at the upcoming AGM:

• Mr. Raj Kumar Jain (DIN: 03505168)
• Mr. Anil Kumar Ravindran (DIN: 08519787) as a director and independent director

Additionally, the board will appoint a scrutinizer to verify the e-voting process for the AGM.

Regulatory Compliance

The company notified the BSE Limited regarding this change in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was issued by Princi Jain, Director and Authorized Signatory.

Octavius Plantations Ltd reported a substantial increase in standalone revenue for the quarter ended June 30, 2026, driven by higher operational income. The company logged total income from operations of ₹1,313.69 lakh, marking a 134% rise compared to ₹560.82 lakh in the corresponding quarter of FY25.

Despite the strong top-line performance, profitability contracted sharply. Net profit after tax fell 55% year-on-year to ₹12.73 lakh from ₹28.26 lakh. This decline occurred even as pre-tax profits before exceptional items remained relatively stable at ₹11.02 lakh, down slightly from ₹29.15 lakh in Q1FY25.

The quarterly results followed an audited fourth quarter (ended March 31, 2026) where revenue stood at ₹3,847.30 lakh and net profit after tax was ₹16.33 lakh. For the full fiscal year FY26, Octavius reported total operational income of ₹6,464.04 lakh against net profit of ₹82.42 lakh.

Financial Highlights

What the Numbers Show

A notable divergence emerged between revenue growth and profit retention. While operational income more than doubled year-on-year, net profit after tax dropped by over half. This suggests that cost structures or input expenses rose disproportionately to sales during the period. The gross margin pressure is evident when comparing the pre-tax profit of ₹11.02 lakh against the significantly higher revenue base of ₹1,313.69 lakh, indicating reduced efficiency in converting top-line gains into bottom-line earnings compared to the prior year.

The company’s paid-up equity share capital remained unchanged at ₹300 lakh. Basic and diluted earnings per share for the quarter were reported at ₹0.42, down from ₹0.94 in the same period last year.