Acrow India Limited has delivered a strong financial performance in the third quarter of fiscal year 2026, reporting a net profit of ₹44.92 lakhs for the quarter ended December 31, 2025. This marks a significant improvement from the previous quarter's loss of ₹8.40 lakhs and demonstrates the company's operational recovery.

Financial Performance Overview

The company's quarterly results show substantial growth across key metrics, with total income reaching ₹760.91 lakhs compared to ₹215.46 lakhs in the previous quarter.

Operational Highlights

The company's revenue surge was primarily driven by cotton bales trading operations, which generated ₹716.29 lakhs in revenue from operations during the quarter. This represents a new business focus for Acrow India Limited, as the company had no revenue from operations in the corresponding quarter of the previous year.

Other income contributed ₹44.63 lakhs to the total income, showing consistency with previous quarters. The company maintained disciplined cost management with total expenses of ₹700.87 lakhs, resulting in a healthy profit margin.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Acrow India Limited achieved remarkable year-over-year improvement:

Audit Qualification and Labour Code Impact

The company's auditors, Gautam N Associates, have issued a qualified opinion regarding the potential impact of new Labour Codes implemented by the Government of India, effective from November 21, 2025. The auditors noted that the company has not completed its assessment of incremental financial impact from these changes.

However, management has clarified that the impact is expected to be minimal, as the company employs only two people on its payroll, making most labour laws inapplicable to its operations. The company stated that in the absence of applicable labour laws due to its small workforce, there are no quantifiable impacts expected from the new regulations.

Financial Position and Outlook

The company maintains a strong financial position with total assets of ₹2,710.30 lakhs and net worth of ₹2,343.36 lakhs as of December 31, 2025. The paid-up equity share capital remains stable at ₹64.00 lakhs with a face value of ₹10 per share.

During the quarter, the company reported no investor complaints, maintaining its track record of zero pending complaints. The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 12, 2026.

Acrow India Limited , a company engaged in machinery equipment manufacturing and real estate development, held its 65th Annual General Meeting (AGM) on September 30, 2025, through video conferencing. The shareholders approved several key resolutions, including the re-appointment of three executive directors for new three-year terms.

Executive Director Re-appointments

The shareholders approved the re-appointment of:

1. Mr. Gopal Agrawal as Managing Director for a three-year term from December 19, 2025, to December 18, 2028.
2. Mr. Shyam Agrawal as Whole Time Director for the same period.
3. Mr. Sanjay Trilokchand Agrawal as Whole Time Director for a three-year term from May 22, 2026, to May 21, 2029.

All three directors are brothers and bring over 15-20 years of corporate experience to their roles.

Other Key Resolutions

In addition to the executive re-appointments, the shareholders also approved:

• The adoption of audited financial statements for the year ended March 31, 2025.
• The appointment of Mr. Kiran Doshi of M/s. Kiran Doshi & Co. as the Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30.

Voting Results

All resolutions were passed with 100% approval from the voting shareholders. The e-voting process was conducted through the National Securities Depository Limited (NSDL) platform, with Mr. Kiran Doshi, a practicing Company Secretary, appointed as the scrutinizer.

Financial Performance

For the financial year 2024-25, Acrow India reported:

The company attributed the net loss primarily to a deferred tax charge of Rs. 150.37 lakhs.

Company Overview

Acrow India Limited operates in the manufacturing of machinery equipment, material handling systems, and industrial storage systems. The company has also diversified into real estate, construction, and cotton ginning businesses.

The AGM, chaired by Mr. Gopal Agrawal, was conducted smoothly with shareholders participating through video conferencing, in line with regulatory guidelines. The management expressed confidence in the company's future prospects despite the challenges faced in the previous fiscal year.