Uma Exports Limited has announced a strategic business expansion through the formation of a Limited Liability Partnership (LLP) with Multicon Residences LLP. The board of directors approved this decision on January 6, 2026, during a meeting that commenced at 3:00 PM and concluded at 3:35 PM.

Partnership Structure and Investment Details

The partnership arrangement involves Uma Exports contributing 50% of the capital to the proposed LLP, establishing an equal partnership structure. The company's initial investment commitment stands at ₹50,000 for the venture.

Business Objectives and Scope

The newly formed LLP will focus on real estate, renting, and construction business activities in Kolkata. This venture represents Uma Exports' strategic diversification into the construction and real estate sector, expanding beyond its traditional business operations.

The partnership aims to:

• Establish construction and real estate operations in Kolkata
• Create opportunities in the construction business segment
• Develop rental and property management activities

Leadership and Governance

Rakesh Khemka, Managing Director of Uma Exports Limited, has been nominated to act as the company's representative and will be designated as a partner in the proposed LLP. This appointment ensures direct management oversight and strategic alignment between Uma Exports and the new venture.

Regulatory Compliance and Timeline

The partnership formation has been disclosed under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company has indicated that no specific governmental or regulatory approvals are required for this partnership formation.

The incorporation process is expected to take approximately one month from the announcement date. Upon incorporation, the LLP will become a related party of Uma Exports Limited, given the company's 50% stake in the venture.

Strategic Implications

This partnership marks Uma Exports' entry into the real estate sector, representing a diversification strategy that could provide new revenue streams. The cash-based investment approach and equal partnership structure suggest a measured expansion into the construction and real estate market in Kolkata.

Uma Exports Limited, a prominent player in the agri-products segment, has released its financial results for the first quarter, revealing a significant decline in profits compared to the same period last year.

Standalone Performance

The company's standalone financial results show a sharp decrease in net profit after tax, which stood at Rs 25.08 lakhs, down from Rs 461.41 lakhs in the corresponding quarter of the previous year. This represents a substantial decline of approximately 94.6% year-over-year.

Revenue from operations also saw a decrease, coming in at Rs 29,996.05 lakhs for the quarter, compared to Rs 36,986.47 lakhs in the same quarter last year, marking a decline of about 18.9%.

The basic earnings per share (EPS) for the quarter stood at Rs 0.07, significantly lower than the Rs 1.36 reported in the same quarter of the previous year.

Consolidated Results

On a consolidated basis, Uma Exports and its subsidiaries reported a net profit after tax of Rs 43.23 lakhs, compared to Rs 647.85 lakhs in the corresponding quarter last year, representing a decrease of approximately 93.3%.

The consolidated revenue from operations for the quarter was Rs 30,032.91 lakhs, down from Rs 39,464.73 lakhs in the same period last year, showing a decline of about 23.9%.

The consolidated basic EPS for the quarter was Rs 0.13, compared to Rs 1.92 in the same period last year.

Financial Highlights

Management Commentary

While the company did not provide specific management commentary in the financial results, the significant decline in profits and revenue suggests challenging market conditions in the agri-products segment during the quarter.

About Uma Exports Limited

Uma Exports Limited operates in the agri-products segment and has several subsidiaries, including UEL International FZE, Graincomm Australia Pty Ltd, Pakhi Commercial Private Limited, and Swastik Oil Refinery Private Limited. The company's financial results were reviewed by the Audit Committee and approved by the Board of Directors on August 13.