Shivagrico Implements Ltd reported a net profit of ₹6.09 lakh for the quarter ended June 30, 2026, compared to a net profit of ₹0.03 lakh in the corresponding period of FY26. The company’s revenue from operations stood at ₹1,163.59 lakh, down 0.7% from ₹1,172.34 lakh in Q1FY26.

The Board of Directors approved the unaudited financial results in a meeting held on August 12, 2026. The results were reviewed by statutory auditors S. Ambavne Jain & Associates LLP.

Financial Performance

Total income from operations was ₹1,172.41 lakh, including other operating income of ₹8.82 lakh. Total expenses for the quarter were ₹1,164.70 lakh.

Earnings per share (basic and diluted) were ₹0.12, up from nil in the previous year’s quarter. Tax expense for the quarter was ₹1.62 lakh, comprising current tax of ₹6.65 lakh and deferred tax benefit of ₹5.03 lakh.

Segment-wise Revenue

Revenue from domestic operations in India declined to ₹943.06 lakh from ₹1,016.97 lakh in Q1FY26. Conversely, revenue from other overseas locations increased significantly to ₹220.53 lakh from ₹155.37 lakh during the same period.

What the Numbers Show

The company’s profit improvement was driven by a sharper decline in total expenses than in revenue. While revenue fell by approximately ₹8.75 lakh year-on-year, total expenses decreased by roughly ₹8.25 lakh. Additionally, the shift in revenue mix towards higher-growth overseas markets suggests a diversification strategy, even as domestic sales contracted.

Balance Sheet Indicators

As per the disclosure, total financial indebtedness, including short-term and long-term debt, stood at ₹1,786.22 lakh. Loans and revolving facilities outstanding were ₹1,317.96 lakh, with no defaults reported as on the date of filing.

Shivagrico Implements published the notice for its 47th Annual General Meeting (AGM) in "Financial Express" and "Mumbai Lakshadeep" on July 29, 2026, complying with Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM is scheduled for August 20, 2026, to be held via Video Conferencing or Other Audio-Visual Means (VC/OAVM). This disclosure ensures shareholders are informed of key agenda items, including director re-appointments and financial approvals, ahead of the book closure period from August 17, 2026, to August 20, 2026.

The primary agenda includes the re-appointment of Managing Director Vimalchand Jain for three years via a special resolution under Section 196(3) of the Companies Act, 2013, as he has attained the age of 77 years. He will continue to serve without remuneration. Additionally, Executive Director and CFO Hemant Ranawat retires by rotation and offers himself for re-appointment. New appointments include Vinit Ranawat as a Non-Executive Non-Independent Director, effective retrospectively from August 12, 2025, and independent directors Arvind Kumar Joshi and Kavita Rakesh Jain for five-year terms.

Shareholders holding shares as of the cut-off date, August 13, 2026, are eligible to vote during the remote e-voting period facilitated by National Securities Depository Limited (NSDL). Voting runs from August 17, 2026, at 9:00 a.m. to August 19, 2026, at 5:00 p.m. The Register of Members and Share Transfer Books will remain closed from August 17, 2026, to August 20, 2026, to determine eligibility for the AGM.

Financially, Shivagrico Implements reported a 77.71% rise in profit before tax to ₹69.29 lakh in FY26, driven by reduced fuel costs and improved export performance. Total income grew by 9.32% to ₹4,756.04 lakh. However, total borrowings increased by 11.00% to ₹1,756.89 lakh. The Board decided not to declare a dividend for FY26 to conserve resources.

Key Financial Metrics FY26

Governance and Compliance

Statutory Auditors Ambavat Jain & Associates LLP issued an unmodified opinion on the financial statements, confirming compliance with Indian Accounting Standards (Ind AS). Secretarial Auditor A.D. Parekh & Associates confirmed adherence to applicable statutory provisions under the Companies Act, 2013, and SEBI Listing Regulations. The intimation was issued pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015.