Julien Agro Infratech Approves Management Changes and Releases Unaudited Q1 Financial Results

Julien Agro Infratech Approves Management Changes and Releases Unaudited Q1 Financial Results

Julien Agro Infratech Approves Management Changes and Releases Unaudited Q1 Financial Results​

Julien Agro Infratech Ltd, on August 13, 2026, announced key outcomes of its Board meeting, approving significant changes in directorial designations and releasing the company's unaudited financial results for the first quarter and three months ended June 30, 2026.

The Board approved the change in designation for two directors: Mr. Harkishan Singh and Mr. Chandra Shekhar Tibrewala.

Mr. Harkishan Singh was designated as Additional Executive Director, who is also granted the role of Chairman and Managing Director cum CEO of the Company. This new capacity is set for a period of five years, subject to approval by shareholders in the ensuing General Meeting of the Company. The change in designation for Mr. Singh was effective from July 4, 2026.

Similarly, Mr. Chandra Shekhar Tibrewala’s role has changed from Additional Executive Director to Additional Executive Director designated as Whole-time Director cum Chief Financial Officer of the Company. This transition is also subject to shareholder approval at the forthcoming General Meeting. The change in designation for Mr. Tibrewala was effective from July 4, 2026.

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Quarterly Financial Highlights​

The company released its Unaudited Statement of Financial Results for the quarter ended June 30, 2026. These results were reviewed by M/s. M.K. Kothari & Associates. The limited review report stated that nothing came to the attention of the auditors that caused them to believe that the accompanying Statement contains any misstatement or fails to disclose required information.

The unaudited financial data for the first quarter and three months ended June 30, 2026 is presented below:

Particulars3 Months ended 30.06.2026 (Unaudited)3 Months ended 31.03.2026 (Audited)Corresponding 3 Months ended 30.06.2025 (Unaudited)Year to date figures for current period ended 30.06.2026 (Unaudited)
Income from Operations
Net Sales / Income from Operations (Net of excise duty)1,219,11811,291.69274,3531,191.18
Other Operating Income7,753(26.51)6.727,753
Total income from Operations (net)1,268.7011,265.182,750.251,268.70
Expenses
Purchase of stock-in-trade1,149.6211,747.502,527.891,149.62
Employee benefits expense1,0291,2967.9610.29
Total Expenses117,12111,857.742,542.94127,121
Profit/(Loss) from Ordinary Activities before tax97.50(592.55)207.3197.50
Net Profit/Loss from Ordinary Activities after tax97.50(607.23)207.3197.50
Total Comprehensive income----

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Personnel and Operational Details​

The Board meeting, which commenced at 1:00 P.M. and concluded at 1:30 P.M., addressed the changes in the company's executive structure.

Regarding Mr. Harkishan Singh, his profile details included extensive experience in business management, agricultural marketing, project planning, and execution within the agro-business sector. Furthermore, the disclosures confirmed that none of the directors are related.

The financial results were prepared according to Indian Accounting Standard 34 'Interim Financial Reporting' (Ind AS 34) and are available on the company's website. The limited review conducted by the Statutory Auditor concluded without any issues affecting the results for the quarter ended June 30, 2026.

Stock Price Movement​

As of 13:50, Julien Agro Infratech Ltd is ticking up in the market, trading at ₹1.20 and reflecting a solid 1.69% gain. The shares have seen movement intraday, ranging between a low of ₹1.19 and a high of ₹1.26.
 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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