RKD Agri & Retail Reports Q1 FY2026 Loss, Sets AGM Date
RKD Agri & Retail Limited reported a net loss of Rs 10.62 lacs for Q1 FY2026, compared to a profit of Rs 0.36 lacs in Q1 FY2025. Revenue remained stable at Rs 44.24 lacs. Expenses increased significantly, particularly in stock-in-trade purchases. The company has utilized Rs 5.36 crores of the Rs 5.42 crores raised through a public issue. The Annual General Meeting is scheduled for September 19, 2025, in Mumbai.
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RKD Agri & Retail Limited (formerly known as Himalchuli Food Products Limited) has released its unaudited financial results for the first quarter of the fiscal year 2025-2026, revealing a significant shift in its financial performance. The company's board approved these results in a meeting held on August 14, 2025.
Financial Performance
The company reported a net loss of Rs 10.62 lacs for the quarter ended June 30, 2025, marking a substantial decline from the profit of Rs 0.36 lacs recorded in the same quarter of the previous year. This downturn in profitability comes despite relatively stable revenue from operations, which stood at Rs 44.24 lacs compared to Rs 44.50 lacs in the corresponding quarter last year.
A closer look at the financial results reveals:
| Particulars (in Rs. Lacs) | Q1 FY2026 (30/06/2025) | Q4 FY2025 (31/03/2025) | Q1 FY2025 (30/06/2024) |
|---|---|---|---|
| Revenue from Operations | 44.24 | 50.21 | 44.50 |
| Total Income | 44.24 | 50.21 | 44.60 |
| Total Expenses | 54.86 | 60.85 | 44.23 |
| Net Profit/(Loss) | (10.62) | (10.64) | 0.36 |
| Basic EPS | (0.02) | (0.02) | 0.00 |
The company's expenses saw a significant increase, particularly in purchases of stock-in-trade, which rose to Rs 72.17 lacs from Rs 37.76 lacs in the same quarter last year. This increase was partially offset by changes in inventories.
Annual General Meeting
In the same board meeting, RKD Agri & Retail Limited set the date for its Annual General Meeting (AGM) for the financial year 2024-2025. The AGM is scheduled for September 19, 2025, at 11:30 AM and will be held at the company's Mumbai office located at 52 Rayfreda Building, Junction of Mahakali Caves Road & Holy Family Church, Chakala, Andheri East, Mumbai – 400093.
Fund Utilization
The company had previously raised Rs 5.42 crores through a public issue. As of the quarter ended June 30, 2025, Rs 5.36 crores of these funds have been utilized. The primary uses of these funds were for working capital requirements and loan repayment, aligning with the company's stated objectives of supporting growth plans, meeting working capital needs, repaying loans, and general corporate purposes.
It's worth noting that there was a small discrepancy in the fund utilization, with Rs 4,12,500 of warrant allotment money not received. However, Rs 1,37,500 was received and subsequently forfeited.
Outlook
While the company faces challenges with its current financial performance, showing losses in both the current and preceding quarters, it continues to focus on its core operations. The stable revenue figures suggest that RKD Agri & Retail Limited is maintaining its market presence despite the profitability issues.
Investors and stakeholders will likely be looking forward to the upcoming AGM for more insights into the company's strategies to address the recent financial downturn and plans for future growth.
Historical Stock Returns for RKD Agri & Retail
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.89% | -4.89% | -9.58% | -20.64% | -38.62% | +69.75% |
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