Shri Vasuprada Plantations Shareholders Approve Executive Director Re-appointment
Shri Vasuprada Plantations Limited announced mixed financial results with 22.80% revenue growth but increased losses, while shareholders overwhelmingly approved the re-appointment of Executive Director Mr. Indrajit Roy through postal ballot with 99.95% support, demonstrating confidence in management despite operational challenges.

*this image is generated using AI for illustrative purposes only.
Shri Vasuprada Plantations Limited , a diversified plantation company, has announced its financial results for the quarter and half-year ended September 30, 2025, revealing a mixed performance with increased revenue but a significant net loss. Additionally, the company has successfully completed the postal ballot process for the re-appointment of its Executive Director.
Financial Highlights
| Particulars: | Half-Year 2025 | Half-Year 2024 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹7,079.25 lakhs | ₹5,766.37 lakhs | +22.80% |
| Net Loss: | ₹696.77 lakhs | ₹529.95 lakhs | +31.50% |
| Basic EPS: | -₹8.41 | -₹6.40 | -31.40% |
The company reported a substantial increase in revenue from operations, which rose to ₹7,079.25 lakhs for the half-year, up from ₹5,766.37 lakhs in the corresponding period last year, marking a 22.80% growth. However, this top-line growth did not translate into profitability, as the company's net loss widened to ₹696.77 lakhs, compared to a loss of ₹529.95 lakhs in the previous year.
Postal Ballot Results - Executive Director Re-appointment
Shareholders have overwhelmingly approved the re-appointment of Mr. Indrajit Roy as Wholetime Director designated as Executive Director through a postal ballot process conducted via remote e-voting. The voting results declared on January 2, 2026, showed strong support from the shareholder community.
| Voting Details: | Results |
|---|---|
| Total Shareholders on Record: | 2,976 |
| Cut-off Date: | November 28, 2025 |
| E-voting Period: | December 3, 2025 to January 1, 2026 |
| Votes in Favour: | 6,205,249 (99.95%) |
| Votes Against: | 3,360 (0.05%) |
| Total Valid Votes: | 6,208,609 |
The postal ballot was conducted exclusively through remote e-voting, with the company dispatching notices to 2,273 equity shareholders and 10 preference shareholders via email on December 1, 2025. The scrutinizer's report confirmed that the special resolution was passed with the requisite majority.
Segment Performance
Shri Vasuprada Plantations operates across three main segments, with tea being the largest contributor to revenue:
| Segment: | Half-Year Revenue Contribution |
|---|---|
| Tea: | ₹4,079.98 lakhs (57.60%) |
| Coffee: | Operations ongoing |
| Rubber: | Operations ongoing |
Corporate Actions and Management
The company announced that it was voluntarily delisted from the Calcutta Stock Exchange effective August 14, 2025, while maintaining its listing on the BSE. The re-appointment of Mr. Indrajit Roy, who brings 44 years of experience in the plantation industry, is for a term of three years from November 11, 2025, to November 10, 2028.
Operational Challenges and Outlook
Despite the increase in revenue, the company faced significant operational challenges, as evidenced by the expanded loss. The strong shareholder support for management's re-appointment, combined with improved revenue figures, suggests confidence in the company's strategic direction. Investors will be monitoring how the company addresses its financial performance in the coming quarters while leveraging its revenue growth momentum.
Historical Stock Returns for Shri Vasuprada Plantations
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.88% | +2.64% | +0.85% | -13.71% | -6.26% | +37.18% |




























