Puretrop Fruits Limited has demonstrated a strong financial recovery in Q3FY26, marking a significant turnaround from the previous year's performance. The company's Board of Directors, meeting on January 12, 2026, approved quarterly results and announced major corporate decisions including a substantial share buyback program.

Financial Performance Shows Strong Recovery

The company's Q3FY26 financial results reveal a dramatic improvement across key metrics. Revenue from operations increased by 33.37% year-on-year, while the company successfully turned around from losses to profitability.

The nine-month performance ending December 31, 2025, shows even more impressive results with net profit reaching ₹2,155.02 lakhs compared to ₹1,333.96 lakhs in the corresponding previous period. This strong performance was significantly boosted by discontinued operations, which contributed ₹1,571.13 lakhs to the bottom line.

Board Approves ₹22 Crore Share Buyback

In a major corporate action, the Board approved a comprehensive share buyback program targeting up to 11 lakh fully paid-up equity shares of ₹10 face value each. The buyback details demonstrate the company's confidence in its financial position and future prospects.

The buyback will be executed on a proportionate basis as per SEBI regulations, with 15% of shares reserved for small shareholders. The program requires shareholder approval through special resolution via postal ballot and is subject to regulatory approvals.

Leadership Changes Announced

The company announced significant changes in its key management personnel, reflecting its strategic focus on strengthening leadership capabilities.

CEO Appointment: Ms. Dipti Ashok Motiani, daughter of Managing Director Mr. Ashok Motiani and Whole-time Director Mrs. Nanita Motiani, will assume the role of Chief Executive Officer effective March 1, 2026. She holds a Bachelor's degree in Computer Engineering and has been associated with the company since 2009, currently serving as Vice President. She holds 6,19,566 shares in the company.

Company Secretary Changes: Ms. Preeti Jaiswar will resign as Company Secretary effective January 31, 2026, and will be succeeded by Ms. Vanshika Lunia (Membership No. A73889) from February 1, 2026. Ms. Lunia is an Associate Member of the Institute of Company Secretaries of India with expertise in statutory compliance and corporate governance.

Discontinued Operations Drive Profitability

A significant portion of the company's profitability stems from discontinued operations, which generated ₹1,571.13 lakhs in the nine-month period. This income relates to the company's previous transfer of its Fresh Fruit Business to Green Agrevolution Private Limited, with ongoing revenue-sharing arrangements for grape and pomegranate aril exports during Year 1 and Year 2 of the agreement.

Current Shareholding Structure

As of December 31, 2025, the company's shareholding pattern shows promoters and promoter group holding 62.39% of the total equity, with public and other shareholders owning the remaining 37.61%. The total paid-up equity share capital stands at ₹796.99 lakhs, comprising 79,69,902 shares of ₹10 face value each.

The buyback proposal, subject to shareholder and regulatory approvals, reflects the company's commitment to enhancing shareholder value while maintaining a strong balance sheet position. The Board has noted the promoters' intention to participate in the proposed buyback, demonstrating their confidence in the company's prospects.

Puretrop Fruits Limited has delivered a strong financial turnaround in Q3FY26, reporting significant profit growth and announcing a substantial share buyback program. The Board of Directors, in their meeting held on January 12, 2026, approved the quarterly results and several strategic decisions including management changes and a major capital return initiative.

Financial Performance Highlights

The company demonstrated remarkable recovery in Q3FY26 with comprehensive financial improvements across key metrics. Revenue from operations showed strong growth momentum while the company successfully returned to profitability.

The nine-month performance for FY26 showed total income of ₹8,395.21 lakhs compared to ₹8,657.44 lakhs in the corresponding period of FY25. The company achieved a nine-month net profit of ₹2,155.02 lakhs versus ₹1,333.96 lakhs in the previous year, representing significant improvement in profitability.

Share Buyback Program

The Board approved a comprehensive share buyback program demonstrating confidence in the company's prospects and commitment to shareholder value creation. The buyback will be executed through the tender offer route on a proportionate basis.

The buyback price of ₹200 per share is based on the latest audited financial statements as of September 30, 2025. The program requires shareholder approval through special resolution via postal ballot including remote e-voting. Promoters and promoter group members have indicated their intention to participate in the proposed buyback.

Management Changes

The company announced significant changes in key managerial positions effective from early 2026. Ms. Dipti Motiani, currently serving as Vice President, will be appointed as Chief Executive Officer effective March 1, 2026, subject to shareholder approval.

Ms. Dipti Motiani holds a Bachelor's degree in Computer Engineering from Nirma Institute of Technology and has been associated with the company since 2009. She is the daughter of Managing Director Mr. Ashok Motiani and Whole-time Director Mrs. Nanita Motiani, holding 6,19,566 shares in the company.

Operational Insights

The company's continuing operations showed profit before tax of ₹335.33 lakhs in Q3FY26 compared to a loss of ₹457.65 lakhs in Q3FY24. Discontinued operations contributed ₹11.04 lakhs profit after tax, primarily from revenue sharing arrangements related to the previously transferred fresh fruit business to Green Agrevolution Private Limited.

Cost management remained effective with total expenses of ₹2,412.04 lakhs in Q3FY26 versus ₹2,433.57 lakhs in Q3FY24. The company maintained its paid-up equity share capital at ₹796.99 lakhs with face value of ₹10 per share throughout the reporting periods.

Shareholding Structure

As of December 31, 2025, the pre-buyback shareholding pattern shows promoters and promoter group holding 49,72,721 shares representing 62.39% of total equity. Public and other shareholders hold 29,97,181 shares constituting 37.61% of the total 79,69,902 outstanding shares. The final post-buyback shareholding pattern will be determined after completion of the buyback process.