Prima Agro Ltd Approves Financial Results and Sets Date for 39th Annual General Meeting
Prima Agro Ltd. announced that its Board of Directors, during a meeting held on July 31, 2026, reviewed and approved the un-audited financial results for the quarter ended June 30, 2026, along with the annual reports for the financial year ending March 31, 2026. The Board also finalized key details regarding the company's upcoming general meeting and strategic document changes.The Board considered and approved the Annual Report and Board’s Report for the Financial Year ended March 31, 2026, which included the Corporate Governance Report, Management Discussion and Analysis Report, Audited Financial Statements, and reports from both Statutory and Secretarial Auditors.
Key Corporate Appointments and Resolutions
In addition to reviewing performance metrics, the Board took several critical decisions concerning the company's structure and upcoming shareholder meeting:- AGM Schedule: The 39th Annual General Meeting (AGM) has been scheduled for Monday, September 28, 2026, at 12:30 PM at The Renai Cochin.
- Record Keeping: To ensure accurate voting entitlements, the Register of Members and Share Transfer Books will be closed from September 22, 2026, to September 28, 2026. The cut-off date for determining members' entitlement is Monday, September 21, 2026.
- E-Voting Scrutinizer: Mr. Bibin Sajan, FCA of M/s Grandmark & Associates (Chartered Accountants), was appointed as the Scrutinizer to manage the remote e-voting process at the 39th AGM.
- Constitutional Changes: The Board approved proposals for adopting new sets of the Memorandum of Association (MOA) and Articles of Association (AOA). These documents, intended to align with the Companies Act, 2013, are subject to approval by the Members through a Special Resolution at the ensuing AGM.
Financial Performance Summary
The company's un-audited results for the quarter ending June 30, 2026, showed varied performance across both standalone and consolidated figures.Un-Audited Standalone Financial Results (Q ended June 30, 2026)
(Figures in Millions)
| Particulars | Q ended June 30, 2026 | Q ended March 31, 2026 | Q ended June 30, 2025 | Year ended March 31, 2026 |
|---|---|---|---|---|
| Total Income (Revenue + Other) | 28.41 | 36.71 | 27.00 | 116.55 |
| Total Expenses | 25.88 | 40.23 | 30.11 | 116.79 |
| Profit before Tax (PBT) | 2.53 | -3.52 | -3.11 | -0.24 |
| Profit for the Quarter (PAT) | 1.85 | -2.21 | -3.11 | -0.59 |
| Earnings per Share (after Tax) | 0.36 | -0.43 | -0.60 | -0.11 |
Un-Audited Consolidated Financial Results (Q ended June 30, 2026)
(Figures in Millions)
| Particulars | Q ended June 30, 2026 | Q ended March 31, 2026 | Q ended June 30, 2025 | Year ended March 31, 2026 |
|---|---|---|---|---|
| Total Income (Revenue + Other) | 28.41 | 36.71 | 27.00 | 116.55 |
| Total Expenses | 25.88 | 40.23 | 30.11 | 116.79 |
| Profit before Tax (PBT) | 2.53 | -3.52 | -3.11 | -0.24 |
| Profit for the Quarter (PAT) | 1.85 | -2.21 | -3.11 | -0.59 |
| Earnings per Share (after Tax) | 0.36 | -0.43 | -0.60 | -0.11 |
Financial Details Highlights
The financial statements detail various components of income and expenses, including:- Revenue from Operations: For the quarter ended June 30, 2026, revenue stood at 27.38 million in the standalone segment and 27.38 million in the consolidated segment.
- Expenses Breakdown: Key expense categories reported for the quarter included Employee benefits expense (7.59 million standalone), Cost of Power & Fuel (6.91 million standalone), and Administration and Other Expenses (8.78 million standalone).
The financial results, along with a Limited Review Report issued by Grandmark & Associates (Chartered Accountants), have been made available on the company’s website.
Stock Price Movement
As of 11:14, Prima Agro Ltd shares are ticking up at ₹14.80, reflecting a solid move and gaining 3.14% during the session. The stock is trading completely flat as the intraday high and low remain locked at this price point.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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