Puretrop Fruits Limited (formerly known as Freshtrop Fruits Limited) announced its audited standalone financial results for the quarter and year ended March 31, 2026, following a Board of Directors meeting held on May 12, 2026. The results were reviewed by the Audit Committee and approved by the Board, with the statutory audit conducted by M/s. F P & Associates, Chartered Accountants, who issued an unmodified audit opinion on the financial statements. The Board meeting commenced at 04:00 p.m. and concluded at 04:50 p.m.

Financial Performance: Continuing Operations

The company delivered a strong turnaround in its continuing operations for FY26, reporting a net profit of ₹726.33 lakhs against a net loss of ₹681.66 lakhs in FY25. Revenue from operations for the full year stood at ₹12,188.22 lakhs, compared to ₹11,169.23 lakhs in the prior year. Total income, including other income of ₹383.32 lakhs, reached ₹12,571.55 lakhs for FY26 versus ₹11,426.76 lakhs in FY25. Total expenses for FY26 were ₹11,609.75 lakhs, down from ₹12,315.22 lakhs in FY25, reflecting improved cost management. Key expense components for FY26 included cost of materials consumed at ₹7,699.95 lakhs, employee benefits expense at ₹1,499.53 lakhs, other expenses at ₹1,859.60 lakhs, and depreciation and amortisation at ₹533.24 lakhs.

The following table summarises the key financial metrics for continuing operations:

Discontinued Operations and Total Profitability

The company also recognised income from discontinued operations, arising from the transfer of its Fresh Fruit Business to Green Agrevolution Private Limited on a slump sale basis during the quarter ended December 2023. As per the terms of the Business Transfer Agreement, the profit from discontinued operations for FY26 stood at ₹1,802.69 lakhs (after tax), compared to ₹1,868.68 lakhs in FY25. The profit from discontinued operations consists of actual received and provision of income/amount receivable as on March 31, 2026, from revenue generated during Year 2 as per the terms of the Business Transfer Agreement.

Earnings Per Share

The earnings per share (EPS) for FY26 reflected the improvement in overall profitability. The basic and diluted EPS from continuing operations stood at ₹9.11 per share for FY26, reversing a loss of ₹8.55 per share in FY25. EPS from discontinued operations was ₹22.62 per share in FY26 versus ₹23.45 per share in FY25. The total EPS from all operations was ₹31.73 per share in FY26, compared to ₹14.89 per share in FY25. The paid-up equity share capital remained unchanged at ₹796.99 lakhs (face value ₹10.00 per share).

Balance Sheet Highlights

Total assets of the company expanded to ₹15,243.79 lakhs as at March 31, 2026, from ₹12,989.54 lakhs as at March 31, 2025. The following table presents key movements in the balance sheet:

Cash Flow Summary

For the year ended March 31, 2026, the company generated net cash flow from operating activities of ₹2,407.65 lakhs, compared to ₹3,954.56 lakhs in the prior year. Net cash used in investing activities was ₹2,085.58 lakhs, while net cash used in financing activities was ₹310.06 lakhs. Cash and cash equivalents at the end of the period stood at ₹8.27 lakhs, compared to ₹18.92 lakhs at the beginning of the period. The cash flow statement has been prepared under the Indirect Method as set out in Indian Accounting Standard (Ind-AS-7).

The financial results and the auditor's report are available on the company's website at www.puretrop.com . The results were signed by Managing Director Ashok V. Motiani at Ahmedabad on May 12, 2026.

Puretrop Fruits Limited has issued a Post Buy-back Public Announcement pursuant to Regulation 24(vi) of the SEBI (Buy-Back of Securities) Regulations, 2018, confirming the successful completion of its buyback offer. The company bought back 11,00,000 (Eleven Lakh) fully paid-up equity shares of face value ₹10 each at a price of ₹200 per share, for a total consideration of ₹22,00,00,000 (Rupees Twenty-Two Crore), excluding transaction costs. The buyback, which opened on April 17, 2026, and closed on April 23, 2026, was implemented through the tender offer route using the stock exchange mechanism as notified by SEBI. The announcement was published in Business Standard (English and Hindi, all editions) and Ahmedabad Express (Gujarati, Ahmedabad edition) on May 5, 2026.

Buyback Overview

The buyback represented 13.80% of the total number of equity shares of the company as on the record date of April 10, 2026, and 17.42% of the total paid-up equity share capital and free reserves (including securities premium account) as per the interim audited financial statements as on September 30, 2025. The buyback size did not exceed ₹22,00,00,000, excluding transaction costs such as fees, brokerage, buyback tax, securities transaction tax, goods and services tax, and stamp duty.

Bid Response and Settlement

The Registrar to the buyback, Bigshare Services Private Limited, considered a total of 1,462 valid bids for 18,73,414 equity shares, resulting in the tender of approximately 1.70 times the maximum number of equity shares proposed to be bought back. The offer was significantly oversubscribed, particularly in the reserved category for small shareholders.

The settlement of all valid bids was completed by Indian Clearing Corporation Limited on April 30, 2026. Accepted shares held in dematerialised form were transferred to the company's demat account on the same date, and unaccepted shares were returned or unblocked to respective shareholder demat accounts. Communication of acceptance or rejection was sent electronically by the Registrar to eligible equity shareholders on May 4, 2026. The extinguishment of 11,00,000 equity shares is currently under process and is expected to be completed on or before May 12, 2026.

Capital Structure: Pre and Post Buyback

The buyback resulted in a significant reduction in the company's paid-up equity share capital. The following table presents the pre and post buyback capital structure:

*Subject to extinguishment of 11,00,000 equity shares accepted in the buyback.

Promoter Shareholding Changes

The buyback resulted in a significant increase in the collective voting rights of the promoter and promoter group, as the total number of outstanding shares decreased while promoter holdings remained largely unchanged. Their combined shareholding increased from 60.87% to 64.27% of the company's total share capital following the completion of the buyback offer.

Among the promoter group members, only two individuals participated in the buyback by tendering their shares:

Key Eligible Shareholders Who Tendered Shares

The following eligible shareholders tendered equity shares exceeding 1% of the total equity shares bought back:

Regulatory Compliance and Management

The Post Buy-back Public Announcement was issued in compliance with Regulation 24(vi) of the SEBI (Buy-Back of Securities) Regulations, 2018, and should be read in conjunction with the Public Announcement dated February 20, 2026 (published February 23, 2026) and the Letter of Offer dated April 13, 2026. Vivro Financial Services Private Limited (SEBI Registration No: INM000010122) served as the Manager to the Buyback. The Board of Directors, under the authority of a resolution passed by the Buyback Committee on May 4, 2026, accepted full responsibility for the information contained in the announcement. The filing was submitted to BSE Limited, and the disclosure was also made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary Vanshika Lunia facilitated the regulatory filing on behalf of the company.