Narmada Agrobase Reports Q1 Financial Results as of June 30, 2026; Provides Proceeds Utilization Update

Narmada Agrobase Reports Q1 Financial Results as of June 30, 2026; Provides Proceeds Utilization Update

Narmada Agrobase Reports Q1 Financial Results as of June 30, 2026; Provides Proceeds Utilization Update​

Narmada Agrobase Limited, a manufacturer of Delinter Cotton Seeds and Cattle Feed, has released its unaudited financial results for the quarter ended June 30, 2026. The company also provided details regarding the utilization of funds raised during a previous issue.

The results include both standalone and consolidated figures, which have been subject to a limited review by Statutory Auditors.

Quarterly Financial Performance​

The management's responsibility is for the preparation of the Statement, while the independent auditors conducted a Limited Review of the results.

Standalone Unaudited Financial Results (Q ended June 30, 2026)​

The following data reflects Narmada Agrobase Limited’s performance in Lakhs:

ParticularsQtr Ended June 30, 2026 (Unaudited)Qtr Ended March 31, 2026 (Unaudited)FY Ended June 30, 2025 (Audited)
Revenue from Operations2,226.283,400.471,108.19
Other Operating Revenue28.2732.4733.15
Total Revenue2,254.553,432.947,966.75
Cost of Materials Consumed(967.09)(1,141.34)(6,897.30)
Changes in Inventories44.3748.06-93.78
Employee Benefits Expense16.9218.4123.62
Other Expenses5.225.855.30
Finance Costs83.72111.2070.24
Profit/Loss before Tax from Continuing Operations2,153.813,327.241,005.17

Consolidated Unaudited Financial Results (Q ended June 30, 2026)​

The consolidated statement includes the results of Narmada Agrobase Limited and its wholly owned subsidiary, Narmada Bio Feed Private Limited, which was incorporated on May 6, 2026.

ParticularsQtr Ended June 30, 2026 (Unaudited)Qtr Ended March 31, 2026 (Unaudited)Qtr Ended June 30, 2025 (Audited)
Revenue from Operations2,226.283,400.471,108.19
Other Operating Revenue28.2732.4733.15
Total Revenue2,254.553,432.947,966.75
Cost of Materials Consumed(967.09)(1,141.34)(6,897.30)
Changes in Inventories44.3748.06-93.78
Employee Benefits Expense16.9218.4123.62
Other Expenses5.225.855.30
Finance Costs83.72111.2070.24
Profit/Loss before Tax from Continuing Operations2,153.813,327.241,005.17

Proceeds Utilization Update​

Regarding the utilization of funds raised through a prior issue, the company confirmed that there were no deviations in the use of proceeds from the objects stated in the Prospectus dated September 17, 2024.

The financial details pertaining to the utilization are as follows:

ParticularsOriginal Allocation (Rs. In Lakhs)Funds Utilized (Rs. In Lakhs)Funds Unutilized (Rs. In lakhs)
Funding of Capital Expenditure towards new Plant & Machinery770.001,787.00770.00
To Meet Working Capital Requirements1,787.00901.15-
General Corporate Purpose901.151,787.00-

The unutilized funds amounting to 770.00 lakhs related to capital expenditure have been placed in fixed deposits as of June 30, 2026.

NARMADA Stock Price Movement​

Today, shares of Narmada Agrobase Limited rallied in post-market trading, climbing by 2.77% to settle at ₹15.19 after the close. The stock saw robust activity during the day, hitting a high of ₹15.3 and dipping as low as ₹14.72 on a total volume of 1.45 million shares.
 

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Editorial Note

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