Puretrop Fruits Limited , formerly known as Freshtrop Fruits Limited, has announced its financial results for the quarter ended June 30, 2025, along with several key corporate appointments. The company's performance was primarily driven by its discontinued operations, while its continuing operations showed modest growth.

Financial Highlights

Puretrop Fruits reported a net profit of Rs 1,530.21 lakhs for the quarter ended June 30, 2025, compared to Rs 1,638.60 lakhs in the same quarter last year. The company's revenue from operations stood at Rs 2,794.46 lakhs, down from Rs 2,985.20 lakhs in the previous year's quarter.

The company's financial performance can be broken down as follows:

The company's continuing operations generated a profit of Rs 60.78 lakhs, while discontinued operations contributed significantly with Rs 1,469.43 lakhs profit after tax.

Discontinued Operations

The substantial profit from discontinued operations relates to the company's Fresh Fruit Business that was transferred to Green Agrevolution Private Limited in December 2023. As per the Business Transfer Agreement, Puretrop Fruits continues to receive a percentage of net revenue generated from the export of grapes (15%) and pomegranate arils (10%) for two years following the transfer.

Corporate Announcements

In addition to the financial results, Puretrop Fruits made several key appointments:

1. Secretarial Auditor: The Board of Directors approved the appointment of Manoj Hurkat & Associates as the Secretarial Auditor for the financial year 2025-26.

2. Internal Auditor: Mr. Kalpesh Parikh, a professional with over 22 years of experience in conducting thorough audits and improving processes, has been appointed as the Internal Auditor for FY 2025-26.

These appointments were made during the Board of Directors meeting held on August 8, 2025, which also approved the unaudited financial results for the quarter ended June 30, 2025.

Ashok V Motiani, Managing Director of Puretrop Fruits Limited, signed off on these announcements, reinforcing the company's commitment to maintaining strong corporate governance and financial transparency.

Investors and stakeholders can find more detailed information on the company's website at www.puretrop.com .

PURE , a player in the energy storage sector, has announced an ambitious expansion plan aimed at significantly increasing its battery energy storage capacity. The company intends to invest ₹400 crore over the next 18 to 36 months, marking a substantial commitment to growth in the rapidly evolving energy storage market.

Expansion Details

This strategic move represents a tenfold increase in PURE's energy storage capacity, positioning the company to meet the growing demand for energy storage solutions.

New Product Launch

Alongside its expansion plans, PURE has introduced a new product to its portfolio:

• Product Name: PuREPower Grid
• Capacity: 5.00 MWh grid storage product

This launch demonstrates PURE's commitment to innovation in the grid storage segment, potentially catering to the needs of power utilities and large-scale energy consumers.

Funding Strategy

To support this ambitious expansion, PURE plans to utilize a combination of funding sources:

1. Equity Financing
2. Debt Financing

This approach builds upon the company's previous investments, with over ₹100.00 crore already allocated to research and development (R&D) and manufacturing capabilities.

Industry Implications

PURE's substantial investment in expanding its energy storage capacity comes at a time when the global focus on renewable energy and grid stability is intensifying. The move could potentially strengthen India's position in the energy storage market and contribute to the country's clean energy goals.

As the energy landscape continues to evolve, PURE's expansion and new product launch may signal growing confidence in the future of battery energy storage systems. The success of this initiative could have far-reaching implications for the renewable energy sector and grid modernization efforts in India.