Shri Vasuprada Plantations Shareholders Approve Executive Director Re-appointment

2 min read     Updated on 11 Nov 2025, 05:46 AM
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Overview

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.

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*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 Day5 Days1 Month6 Months1 Year5 Years
-0.88%+2.64%+0.85%-13.71%-6.26%+37.18%
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Shri Vasuprada Plantations Reports Strong Q1 Performance with Consolidated Profit of Rs. 609.63 Crore

1 min read     Updated on 05 Aug 2025, 07:48 PM
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Reviewed by
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Overview

Shri Vasuprada Plantations announced Q1 FY2026 results with consolidated revenue of Rs. 2,823.47 crore, up from Rs. 2,742.84 crore year-over-year. The company reported a profit of Rs. 609.63 crore, reversing a loss of Rs. 809.91 crore in Q1 FY2025. Tea segment led revenue at Rs. 1,743.64 crore, followed by rubber at Rs. 749.95 crore and coffee at Rs. 264.37 crore. Despite increased employee expenses, finance costs were reduced. Total assets stood at Rs. 21,901.68 crore as of June 30, 2025.

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*this image is generated using AI for illustrative purposes only.

Shri Vasuprada Plantations , a leading player in the tea, coffee, and rubber segments, has announced its unaudited financial results for the first quarter ended June 30, 2025, showcasing a robust performance across its business segments.

Financial Highlights

The company reported consolidated revenue from operations of Rs. 2,823.47 crore for Q1, marking a significant increase from Rs. 2,742.84 crore in the same quarter of the previous year. The consolidated profit for the quarter stood at Rs. 609.63 crore, a substantial improvement from a loss of Rs. 809.91 crore in Q1 of the previous fiscal year.

Segment-wise Performance

Tea remained the largest revenue contributor for Shri Vasuprada Plantations, with the segment generating Rs. 1,743.64 crore in revenue. The rubber segment followed with Rs. 749.95 crore, while coffee contributed Rs. 264.37 crore to the total revenue.

Revenue Breakdown

Segment Revenue (Rs. Crore)
Tea 1,743.64
Rubber 749.95
Coffee 264.37

Operational Performance

The company's operational efficiency was evident in its ability to manage costs effectively. Despite an increase in employee benefit expenses to Rs. 1,842.87 crore, Shri Vasuprada Plantations managed to reduce its finance costs to Rs. 158.95 crore from Rs. 191.21 crore in the same quarter last year.

Balance Sheet Strength

As of June 30, 2025, the company's total assets stood at Rs. 21,901.68 crore, with the tea segment accounting for the largest portion at Rs. 14,417.24 crore. The company's financial position remains strong, with a healthy balance between assets and liabilities.

Management Commentary

Hemant Bangur, Chairman of Shri Vasuprada Plantations Ltd., stated, "We are pleased with our performance in the first quarter. Our focus on operational efficiency and strategic initiatives across our tea, coffee, and rubber segments has yielded positive results. We remain committed to delivering value to our shareholders and maintaining our position as a leading player in the plantation industry."

Conclusion

Shri Vasuprada Plantations has demonstrated a strong start to the fiscal year, with significant improvements in revenue and profitability. The company's diverse portfolio across tea, coffee, and rubber segments, coupled with its focus on operational efficiency, positions it well in the plantation industry. As the year progresses, stakeholders will be closely monitoring the company's performance to assess its ability to maintain this growth trajectory and create long-term value.

Note: All figures are in Indian Rupees (INR) and have been rounded to the nearest crore for clarity.

Historical Stock Returns for Shri Vasuprada Plantations

1 Day5 Days1 Month6 Months1 Year5 Years
-0.88%+2.64%+0.85%-13.71%-6.26%+37.18%
Shri Vasuprada Plantations
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