Spright Agro Limited, an agriculture products trading and manufacturing company, has reported strong Q1 financial results. Revenue from operations increased by 17.3% to Rs. 6,202.56 crore, while net profit surged by 46.5% to Rs. 915.48 crore compared to the same quarter last year. Total income rose by 17.4% to Rs. 6,216.00 crore. Despite profit growth, basic EPS decreased to Rs. 0.09 from Rs. 0.12, possibly due to changes in share capital structure. The company continues to operate in a single primary segment of trading and manufacturing agriculture products.
Spright Agro Ltd. has successfully completed three significant bulk agro commodity supply orders totaling Rs 299.00 crore for institutional clients in Gujarat. The orders were distributed among Abhaynath Tradelink (Rs 102.00 crore), Saize Enterprise (Rs 97.00 crore), and Laxam Commtrade (Rs 100.00 crore). This achievement demonstrates the company's capability to handle large-scale contracts and cater to diverse institutional needs in the agro-commodity sector.