retro green revolution reported a return to profitability for the financial year ended March 31, 2026, with a consolidated net profit of ₹14.01 lakh. This compares to a net profit of ₹6.40 lakh in the previous year. The company's revenue from operations for the year stood at ₹139.18 lakh, a decrease from ₹216.30 lakh in FY25. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 30, 2026.

The standalone financial results for the year show a net loss of ₹5.58 lakh, a reversal from the net profit of ₹1.65 lakh recorded in the prior year. Standalone revenue from operations dropped significantly to ₹49.31 lakh from ₹156.61 lakh in FY25. The company operates a single reportable segment, Trading, in accordance with Indian Accounting Standards (Ind-AS 108).

Consolidated Financial Performance

The consolidated results include the financials of Timbur Tech Services Private Limited, a subsidiary. For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹2.32 lakh, while revenue from operations was ₹7.00 lakh. Total income for the quarter was ₹7.00 lakh, against total expenses of ₹9.38 lakh.

Standalone Financial Position

On the standalone balance sheet, the company's total assets decreased to ₹3,835.04 lakh as of March 31, 2026, from ₹3,859.03 lakh a year earlier. Equity share capital remained constant at ₹3,799.80 lakh. Total liabilities stood at ₹63.38 lakh, down from ₹81.79 lakh in the previous year.

Shweta Jain & Co LLP, Chartered Accountants, audited the standalone and consolidated financial results. The auditors expressed an unmodified opinion, stating that the results give a true and fair view in conformity with the recognition and measurement principles laid down in the Accounting Standards. The report confirms that the financial results are prepared in accordance with the Companies (Indian Accounting Standard) Rules, 2015.

Retro Green Revolution Limited has executed a comprehensive Memorandum of Understanding (MOU) with Sevenglow Lights Limited for strategic investment and equity participation. The company disclosed this development to BSE Limited on 03 April, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Investment Framework

The MOU, dated 25th March, 2026, establishes a structured approach for strategic investment by Retro Green Revolution Limited in Sevenglow Lights Limited. The agreement is designed to support business expansion, strategic growth, and long-term value creation through a phased equity acquisition model.

Investment Modes and Governance Structure

The proposed investment will be undertaken through various mechanisms including preferential allotment, rights issue, subscription to equity shares, or convertible instruments. Upon acquiring the initial 36% shareholding, Retro Green Revolution will have the right to appoint not less than one-third of the total Board of Directors of Sevenglow Lights Limited.

Should the shareholding increase beyond 36% and up to 100%, the company will gain the right to appoint a majority of directors (more than 50%) and may assume management control, subject to applicable laws. The board composition will comply with SEBI LODR Regulation 17 at all times.

Regulatory Compliance and Fund Raising

Retro Green Revolution may raise funds for the investment through equity issuance (rights or preferential), debt financing, or hybrid instruments. The transaction will comply with comprehensive regulatory requirements to ensure full legal compliance.

Performance-Based Investment and Due Diligence

Further investment beyond the initial 36% stake will be linked to performance metrics including EBITDA targets, revenue milestones, and business expansion metrics. Detailed parameters will be agreed upon in the Shareholders Agreement (SHA).

The investment remains subject to comprehensive due diligence covering legal, financial, and secretarial compliance reviews, along with verification of statutory filings, bank records, and corporate records. Completion will require board approvals from both parties, shareholder approvals if required, regulatory approvals, satisfactory due diligence, and no material adverse change.

Agreement Terms and Validity

The MOU is non-binding in nature except for certain standard clauses such as confidentiality, governing law, and exclusivity if separately agreed. Both parties will maintain strict confidentiality regarding financial information, business strategies, and transaction terms. The agreement will be governed by Indian laws and subject to the jurisdiction of courts at Ahmedabad.

The MOU remains valid for 6 months unless extended by mutual consent and may be terminated by mutual consent, upon failure of conditions precedent, or if due diligence proves unsatisfactory. The parties have agreed to execute definitive agreements including a Share Subscription Agreement (SSA) and Shareholders Agreement (SHA) based on this MOU framework.