Oswal Agro Mills Approves Q1 Results, Recommends Shael Oswal for Managing Director Role
Oswal Agro Mills Limited, at its Board of Directors meeting held on August 07, 2026, approved the unaudited financial results for the first quarter ended June 30, 2026. The company also made key appointments, including selecting a new Internal Auditor and recommending Mr. Shael Oswal as Managing Director.The Board meeting of Oswal Agro Mills Limited saw several critical corporate governance decisions. M/s. Raj Gupta & Co., Chartered Accountants, was approved as the Internal Auditors for the financial year 2026-27 based on the recommendation of the Audit Committee.
Management and Governance Appointments
In addition to approving Q1 results, the Board recommended to the shareholders the appointment of Mr. Shael Oswal (DIN: 00256956) as Managing Director (Executive, Non-Independent). Upon shareholder approval at the upcoming Annual General Meeting, he is slated to serve as Managing Director for a period of three years. Mr. Shael Oswal belongs to the Promoter Group and is related to Ms. Arun Oswal, who serves as Director & Chairperson of the Company.Financial Performance Review (Q1 FY26/27)
The company’s unaudited standalone and consolidated financial results for the quarter ending June 30, 2026, have been reviewed by the Audit Committee and subsequently approved by the Board of Directors. The results were presented across three quarters: Q1 FY26/27 (ended June 30, 2026), Q4 FY25/26 (ended March 31, 2026), and Q1 FY25/26 (ended June 30, 2025).Key financial metrics for the quarter ended June 30, 2026 are presented below:
Standalone Financial Results (Q1 Ended June 30, 2026)
(Figures in Lakhs)
| Particular | Amount |
|---|---|
| Total Income (I+II) | 443.50 |
| Total Expenses (IV) | 89.70 |
| Profit before tax (V-VI) | 153.79 |
| Current Tax Expense | 29.30 |
| Net Profit for the period | 99.26 |
Consolidated Financial Results (Q1 Ended June 30, 2026)
(Figures in Lakhs)
| Particular | Amount |
|---|---|
| Total Income (I+II) | 443.50 |
| Total Expenses (IV) | 289.71 |
| Profit before tax (V-VI) | 153.79 |
| Current Tax Expense | 29.30 |
| Net Profit for the period | 512.69 |
Segment Performance Details
The financial results are segmented across Trading, Investment Activities, Real Estate, and Unallocated activities. The following tables provide a detailed comparison of segment performance for both standalone and consolidated figures.Standalone Segment Results (Q1 Ended June 30, 2026)
(Figures in Lakhs)
| Segment | Total Income | Expenses | Profit before tax | Net Profit after Tax |
|---|---|---|---|---|
| Trading | 0.44 | - | 153.79 | 99.26 |
| Investment Activities | 443.50 | - | 153.79 | 99.26 |
| Real Estate | - | - | - | - |
| Unallocated | 16.84 | - | - | - |
Consolidated Segment Results (Q1 Ended June 30, 2026)
(Figures in Lakhs)
| Segment | Total Income | Expenses | Profit before tax | Net Profit after Tax |
|---|---|---|---|---|
| Trading | 0.44 | - | 153.79 | 99.26 |
| Investment Activities | 443.50 | - | 153.79 | 99.26 |
| Real Estate | - | - | - | - |
| Unallocated | 16.84 | - | - | - |
Other Financial Details and Notes
The company holds Transferable Development Rights of 1,06,374.15 sq. mtr. from the Brihanmumbai Municipal Corporation (BMC), dated October 23, 2024. Approximately 81,357.47 sq. mtr. out of this holding has been sold up to June 30, 2026.The company recognizes Trading, Real Estate, and Investing activities as separate Business Segments. The results are compliant with Indian Accounting Standards (Ind-AS).
OSWALAGRO Stock Price Movement
Oswal Agro Mills Limited shares shed 6.04% on Friday, settling at ₹40.16 as trading concluded. The stock traded within a range spanning from a low of ₹39.90 to a high of ₹42.79 during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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