Cropster Agro Reports 37.5% Profit Surge in Q1 FY26, Announces Key Board Changes
Cropster Agro Limited reported a 37.5% increase in both total income and net profit for Q1 FY26. Total income rose to Rs. 5,569.26 lakhs, while net profit reached Rs. 397.38 lakhs. EPS decreased to Rs. 0.05 due to an increase in outstanding shares. The company appointed Mr. Harendrasingh Chauhan as Non-Executive Director, Ms. Sejalben Rakeshkumar Rathod as Independent Director, and Mr. Pavankumar Ramsinh Verma as CFO. Ms. Maya Devi resigned from her position as Non-Executive Director.

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Cropster Agro Limited, a leading player in the agro-products sector, has reported a significant increase in profits for the first quarter of the fiscal year 2026, alongside announcing several changes to its board of directors and key management personnel.
Financial Performance
The company's unaudited financial results for Q1 FY26 reveal a robust performance:
Particulars (Rs. in Lakhs) | Q1 FY26 | Q1 FY25 | YoY Change |
---|---|---|---|
Total Income | 5,569.26 | 4,049.70 | 37.5% |
Net Profit | 397.38 | 288.98 | 37.5% |
EPS (Rs.) | 0.05 | 1.16 | -95.7% |
Cropster Agro's total income for the quarter surged to Rs. 5,569.26 lakhs, marking a substantial 37.5% increase from Rs. 4,049.70 lakhs in the corresponding quarter of the previous year. The company's net profit also saw a parallel growth, rising to Rs. 397.38 lakhs from Rs. 288.98 lakhs, reflecting a 37.5% year-on-year increase.
Despite the impressive growth in total income and net profit, the earnings per share (EPS) decreased to Rs. 0.05 in Q1 FY26 from Rs. 1.16 in Q1 FY25. This decline in EPS can be attributed to an increase in the number of outstanding shares, as indicated by the change in paid-up equity share capital from Rs. 2,500 lakhs to Rs. 8,400 lakhs.
Board and Management Changes
In a series of strategic moves, Cropster Agro's Board of Directors approved several key appointments and accepted a resignation:
New Non-Executive Director: Mr. Harendrasingh Chauhan (DIN: 11241707) has been appointed as an Additional Non-Executive Non-Independent Director, effective August 14, 2025. Mr. Chauhan, a Commerce Graduate with extensive experience in agro-related products, management, and administration, is expected to contribute significantly to the company's future growth.
New Independent Director: Ms. Sejalben Rakeshkumar Rathod (DIN: 11228401) joins the board as an Additional Independent Director for a five-year term, also effective from August 14, 2025. Ms. Rathod brings valuable experience in management and expertise in the agro field.
Chief Financial Officer: Mr. Pavankumar Ramsinh Verma has been appointed as the new Chief Financial Officer with immediate effect. Mr. Verma's experience in accounting and finance is anticipated to benefit the company's financial strategies and operations.
Director Resignation: The board accepted the resignation of Ms. Maya Devi (DIN: 10229643) from her position as Non-Executive Director, effective August 14, 2025, citing personal reasons.
All new appointments are subject to shareholder approval at the upcoming general meeting.
Jaivikkumar Patel, Managing Director of Cropster Agro Limited, stated, "We are pleased with our strong start to the fiscal year 2026. The robust financial performance reflects our team's hard work and the growing demand for our products. We are also excited about the new additions to our board and management team, which we believe will further strengthen our leadership and drive our growth strategy forward."
The company's focus on expanding its agro-products portfolio and strategic management changes indicate its commitment to sustaining growth and enhancing shareholder value in the coming quarters.
Historical Stock Returns for Cropster Agro
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-0.87% | -4.18% | +11.25% | +7.16% | +44.50% | +2,561.73% |