Retro Green Revolution Reports Q2 FY26 Results with Consolidated Revenue Recovery

Retro Green Revolution Limited has announced its unaudited financial results for the quarter ended September 30, 2025, revealing contrasting performance between its standalone and consolidated operations. The company submitted these results to BSE on November 14, 2025, pursuant to Regulation 33 of SEBI Listing Regulations.

Standalone vs Consolidated Performance Comparison

Performance Metric	Standalone Q2 FY26	Consolidated Q2 FY26	Standalone Q2 FY25
Revenue from Operations	₹0.00 lakhs	₹12.00 lakhs	₹75.55 lakhs
Other Income	₹1.98 lakhs	₹1.98 lakhs	₹0.00 lakhs
Net Profit/(Loss)	(₹2.99) lakhs	(₹0.18) lakhs	₹10.40 lakhs
Total Expenses	₹4.97 lakhs	₹13.23 lakhs	₹65.15 lakhs

Standalone Operations Show Continued Challenges

The standalone results reveal persistent operational difficulties, with zero revenue from operations for the second consecutive quarter. Despite generating ₹1.98 lakhs in other income, the company posted a net loss of ₹2.99 lakhs, marking a significant decline from the ₹10.40 lakhs profit recorded in Q2 FY25.

Consolidated Results Provide Some Relief

The consolidated financial statements present a more balanced picture, showing revenue from operations of ₹12.00 lakhs in Q2 FY26. However, this represents a substantial decrease from previous quarters, with Q1 FY26 recording ₹61.49 lakhs in consolidated revenue. The consolidated net loss of ₹0.18 lakhs, while still negative, is significantly lower than the standalone loss.

Financial Position and Assets

Balance Sheet Items	Standalone (Sep 2025)	Consolidated (Sep 2025)
Total Assets	₹3,836.19 lakhs	₹5,672.14 lakhs
Equity Share Capital	₹3,799.80 lakhs	₹3,799.80 lakhs
Total Equity	₹3,774.31 lakhs	₹5,602.29 lakhs
Cash and Cash Equivalents	₹51.80 lakhs	₹53.02 lakhs

Regulatory Compliance and Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 14, 2025. Mayur Shah & Associates, Chartered Accountants, conducted the limited review of both standalone and consolidated unaudited financial results, providing clean review reports without any material concerns.

Earnings Per Share Analysis

EPS Metrics	Standalone Q2 FY26	Consolidated Q2 FY26	Standalone Q2 FY25
Basic EPS	(₹0.01)	(₹0.00)	₹0.12
Diluted EPS	(₹0.01)	(₹0.00)	₹0.12

The earnings per share figures reflect the company's current challenges, with both standalone and consolidated operations showing negative EPS compared to positive earnings in the corresponding quarter last year.

Operational Outlook

The disparity between standalone and consolidated performance suggests that subsidiary operations are contributing to revenue generation while the parent company faces operational challenges. The company's ability to maintain consolidated revenue, albeit at reduced levels, indicates potential for recovery through its subsidiary operations. However, the overall decline in profitability across both standalone and consolidated results highlights the need for strategic operational improvements.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.57%	+4.79%	-2.23%	-62.77%	-79.58%	-91.78%

Retro Green Revolution Limited , a company operating in a single segment, has released its unaudited financial results for the first quarter ended June 30, 2025. The results, approved by the Board of Directors on August 14, 2025, reveal a mixed performance with revenue growth but a significant decline in profitability.

Standalone Performance

On a standalone basis, the company reported a revenue from operations of Rs. 49.31 lakhs for Q1 FY2026, marking a 5.84% increase from Rs. 46.59 lakhs in the corresponding quarter of the previous year. The total revenue, including other income, stood at Rs. 53.98 lakhs.

Despite the revenue growth, Retro Green Revolution Limited experienced a substantial decrease in profitability. The company's net profit for the quarter was Rs. 0.06 lakhs, a sharp decline from Rs. 7.19 lakhs in Q1 FY2025. This resulted in a basic earnings per share of Rs. 0.00, compared to Rs. 0.08 in the same quarter last year.

Consolidated Results

The consolidated financial statements paint a slightly different picture. The company reported a consolidated revenue from operations of Rs. 61.49 lakhs for Q1 FY2026. Notably, there was no revenue reported in the corresponding quarter of the previous year on a consolidated basis.

The consolidated net profit stood at Rs. 2.60 lakhs, with a basic earnings per share of Rs. 0.01.

Key Financial Highlights

Particulars (in Rs. Lakhs)	Standalone Q1 FY2026	Standalone Q1 FY2025	Consolidated Q1 FY2026
Revenue from Operations	49.31	46.59	61.49
Total Revenue	53.98	46.85	66.16
Net Profit	0.06	7.19	2.60
Basic EPS (in Rs.)	0.00	0.08	0.01

Balance Sheet and Expenses

The company's paid-up equity share capital remains unchanged at Rs. 3,799.80 lakhs, with a face value of Rs. 10 per share.

On the expense front, the standalone results show:

Purchase of stock-in-trade: Rs. 22.56 lakhs
Changes in inventories: Rs. 22.89 lakhs
Employee benefits expense: Rs. 4.50 lakhs
Other expenses: Rs. 3.97 lakhs

Management Commentary

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on August 14, 2025. The company's statutory auditors have conducted a limited review of the results for the quarter ended June 30, 2025.

Deepak Donde, Director of Retro Green Revolution Limited, signed off on the financial statements, emphasizing compliance with SEBI regulations and Indian Accounting Standards.

The company continues to operate in a single business segment, focusing on its core operations.