Tierra Agrotech narrows FY26 net loss to ₹498.37 lakh

1 min read     Updated on 27 May 2026, 12:47 AM
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AI Summary

Tierra Agrotech Limited reported a narrowed consolidated net loss of ₹498.37 lakh for FY26, compared to ₹1,158.24 lakh in the previous year, with revenue from operations increasing to ₹9,846.71 lakh. The board approved the audited standalone and consolidated financial results on May 26, 2026. The company also appointed Mr. Pulyala Abhinash as Company Secretary and Compliance Officer, while the statutory auditors issued an unmodified opinion on the financial results.

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Tierra Agrotech Limited reported a consolidated net loss of ₹498.37 lakh for the financial year ended March 31, 2026, narrowing from a loss of ₹1,158.24 lakh in the previous year. Revenue from operations for the year increased to ₹9,846.71 lakh from ₹6,563.32 lakh in FY25. The board approved the audited standalone and consolidated financial results for the fourth quarter and fiscal year 2025-26 at a meeting held on May 26, 2026.

Financial Performance

The standalone net loss for FY26 was ₹591.54 lakh, an improvement over the loss of ₹1,158.24 lakh reported in the previous fiscal year. Standalone revenue from operations rose to ₹7,273.04 lakh from ₹6,563.32 lakh in FY25. For the quarter ended March 31, 2026, the company reported a standalone net loss of ₹214.95 lakh and a consolidated net loss of ₹126.95 lakh.

Metric FY26 (₹ Lakh) FY25 (₹ Lakh)
Consolidated Revenue 9,846.71 6,563.32
Consolidated Net Loss (498.37) (1,158.24)
Standalone Revenue 7,273.04 6,563.32
Standalone Net Loss (591.54) (1,158.24)

Operational Highlights

During the year, the company acquired the remaining 50% equity shares in Tidas Agrotech Private Limited on August 22, 2025, making it a wholly-owned subsidiary. The subsidiary has commenced trading business activities. Other income for the quarter ended March 31, 2026, included a profit on the sale of a GEAC code amounting to ₹57 lakh.

Management Changes

The board appointed Mr. Pulyala Abhinash as the Company Secretary and Compliance Officer of the company effective May 26, 2026. He is an Associate Member of the Institute of Company Secretaries of India.

Auditor's Report

Ramasamy Koteswara Rao and Co LLP, the Statutory Auditors, issued an audit report with an unmodified opinion on the standalone and consolidated financial results. The report confirms that the financial statements give a true and fair view of the company's financial position in conformity with Indian Accounting Standards.

What specific strategies will Tierra Agrotech implement to turn the narrowed net loss into profitability in FY27?

How will the full integration of Tidas Agrotech as a wholly-owned subsidiary contribute to revenue growth in the coming year?

Are there plans to monetize additional GEAC codes or intellectual property following the ₹57 lakh profit recorded in Q4?

Tierra Agrotech Limited: Independent Director Ms. Neha Soni Resigns Effective May 16, 2026

1 min read     Updated on 16 May 2026, 09:44 PM
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Tierra Agrotech Limited has disclosed the resignation of Independent Director Ms. Neha Soni (DIN 09724152), effective May 16, 2026, citing other professional commitments. She has also ceased to be a member of the Audit Committee, Nomination and Remuneration Committee, and Risk Management Committee from the same date. The Company and Ms. Neha Soni have both confirmed that there are no material reasons for the resignation beyond those stated in her resignation letter. The disclosure was made to BSE Limited in compliance with SEBI (LODR) Regulations, 2015.

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Tierra Agrotech Limited has intimated BSE Limited of the resignation of Ms. Neha Soni (DIN 09724152) from the position of Independent Director of the Company, with effect from May 16, 2026. The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Director Srinivasa Rao Paturi (DIN: 01220158) on behalf of the Company.

Resignation Details

Ms. Neha Soni submitted her resignation letter dated May 16, 2026, citing other professional commitments as the reason for stepping down. In her resignation letter, she expressed gratitude to the Company, its shareholders, the Board, and senior management for the support and cooperation extended during her association, describing her tenure as a valuable and enriching professional experience.

The key details of the resignation disclosure as required under Regulation 30 — Para A (7 & 7B) of Part A of Schedule III to the SEBI LODR are summarised below:

Parameter: Details
Name of Director: Ms. Neha Soni
DIN: 09724152
Designation: Independent Director
Reason for Cessation: Resignation due to other professional commitments
Effective Date: May 16, 2026
Directorships in other listed entities: NIL
Material reasons other than stated: None confirmed

Committee Memberships Ceased

Consequent to her resignation, Ms. Neha Soni also ceased to be a member of the following Board Committees with effect from May 16, 2026:

  • Audit Committee
  • Nomination and Remuneration Committee
  • Risk Management Committee

Confirmation of No Material Reasons

In compliance with Regulation 30 read with Clause 7B of Para A of Part A of Schedule III of the SEBI LODR Regulations, Tierra Agrotech Limited has acknowledged that there are no material reasons for the resignation of Ms. Neha Soni (DIN 09724152) other than those mentioned in her resignation letter. Ms. Neha Soni has also independently confirmed that she does not hold directorship or membership of Board Committees of any other listed entity.

Who will Tierra Agrotech appoint as a replacement Independent Director to maintain regulatory compliance and board diversity requirements under SEBI LODR?

How will the simultaneous vacancy in three key committees — Audit, Nomination & Remuneration, and Risk Management — impact Tierra Agrotech's governance and decision-making in the near term?

Could the loss of an Independent Director affect investor confidence or institutional interest in Tierra Agrotech, particularly given the company's current growth trajectory in the agritech sector?

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