Harshil Agrotech Limited has announced a crucial board meeting scheduled for September 5, 2025, where the company will deliberate on several significant matters that could potentially impact its future growth and shareholder value.

Key Agenda Items

The board of directors will convene at the company's registered office in Ahmedabad, Gujarat, to discuss and decide on the following important matters:

Interim Dividend Declaration

The board will consider declaring an interim dividend, which could provide immediate returns to shareholders.

Business Expansion

A proposal to expand the company's operations into spices processing and export will be evaluated. This move could potentially diversify Harshil Agrotech's product portfolio and open up new revenue streams.

Bonus Shares Issue

The board will deliberate on the approval of issuing bonus shares, which could increase the company's share capital without additional cash infusion from shareholders.

Regulatory Compliance

In adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Harshil Agrotech has duly informed the BSE Limited about the upcoming board meeting. The company's Managing Director, Pankajkumar Patel, signed the official intimation dated August 28, 2025.

Meeting Details

Investors and market observers will be keenly watching the outcomes of this meeting, as the decisions made could have significant implications for Harshil Agrotech's financial structure, business strategy, and shareholder value. The company's stock performance may see increased activity in the days leading up to and following the board meeting.

Shareholders and interested parties are advised to await official announcements from the company regarding the resolutions passed at the board meeting.

Harshil Agrotech , a company specializing in trading and manufacturing of agriculture products, has announced its unaudited standalone financial results for the first quarter ended June 30, 2025. The company has reported a significant turnaround in its performance compared to the previous quarter.

Financial Highlights

• Revenue from operations stood at Rs 5,989.38 crore for Q1 FY2026
• Net profit reached Rs 652.98 crore, a substantial improvement from the previous quarter's loss
• Basic earnings per share (EPS) for the quarter was Rs 0.09

Quarterly Performance Analysis

Harshil Agrotech has demonstrated a remarkable recovery in its financial performance. The company's revenue from operations surged to Rs 5,989.38 crore in Q1 FY2026, compared to Rs 238.29 crore in the preceding quarter ended March 31, 2025. This represents a significant quarter-on-quarter growth of over 2,400%.

The most notable improvement was in the company's bottom line. Harshil Agrotech reported a net profit of Rs 652.98 crore for Q1 FY2026, marking a strong turnaround from the net loss of Rs 78.30 crore incurred in the previous quarter. This positive shift indicates effective cost management and improved operational efficiency.

Key Financial Metrics

Management Commentary

The Board of Directors reviewed and approved these unaudited financial results in their meeting held on August 14, 2025. The company's Managing Director, Pankajkumar Patel, signed off on the financial statements, underlining the management's confidence in the reported figures.

Auditor's Review

MARKS & CO., the statutory auditors of Harshil Agrotech, conducted a limited review of the financial results as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditors issued an unmodified opinion, stating that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

Conclusion

Harshil Agrotech's Q1 FY2026 results reflect a strong start to the financial year, with significant improvements in revenue and profitability. The company's ability to turn around its performance from a loss in the previous quarter to a substantial profit demonstrates resilience and effective management strategies in the agriculture products sector.

Investors and stakeholders will likely keep a close watch on the company's performance in the coming quarters to see if this positive trend continues and translates into sustained growth for Harshil Agrotech.