Spright Agro Ltd

Key outcomes

• Unaudited standalone results for quarter ended June 30, 2026 approved; Limited Review Report obtained.
• Audit Committee reviewed results; Board approved at Aug 13, 2026 meeting.
• Auditors' Limited Review report issued; conclusion not modified.
• Primary segment: Trading & Manufacturing of Agriculture Products; no reportable segments.
• IBC Section 9 insolvency proceedings by Agrirevolve Trading Pvt Ltd against Spright Agro; NCLT filed Feb 21, 2026.

Meeting reschedule

• Original board meeting date was August 10, 2026.
• New date for the meeting is August 13, 2026.
• Board postponed to August 13, 2026 to allow additional time for analysis due to significant variations in results.
• To consider unaudited financial results for the period ended June 30, 2026 and any other business.

Dematerialisation status

• Securities listed on the stock exchange where the earlier issues are listed.
• Physical certificates were mutilated and cancelled after verification, depository's name substituted as registered owner within 15 days.

Financial Performance 📊

• Revenue from operations was Rs 455.73 lakh in Q3 Dec 2025, up from Rs 400.91 lakh in Q2 Sep 2025.
• Total revenue including other income was Rs 457.72 lakh in Q3 Dec 2025 versus Rs 4,039.4 lakh in Q2 Sep 2025.
• Nine months ended Dec 31, 2025 revenue from operations was Rs 5,490.98 lakh, down from Rs 10,659.74 lakh year-on-year.
• Total expenses were Rs 1,492.63 lakh in Q3 Dec 2025, down from Rs 4,729 lakh in Q2 Sep 2025.
• Loss before tax was Rs 1,034.90 lakh in Q3 Dec 2025, compared to Rs 669.59 lakh loss in Q2 Sep 2025.
• Net loss after tax was Rs 1,034.90 lakh in Q3 Dec 2025, versus Rs 647.94 lakh loss in Q2 Sep 2025.

Cost Structure & Capital

• Purchases of stock-in-trade were Rs 1,945.35 lakh in Q3 Dec 2025, down from Rs 3,930 lakh in Q2 Sep 2025.
• Employee benefits expense was Rs 3.35 lakh in Q3 Dec 2025, slightly up from Rs 3.11 lakh in Q2 Sep 2025.
• Depreciation and amortization expense was Rs 0.38 lakh in Q3 Dec 2025.
• Other expenses were Rs 9.64 lakh in Q3 Dec 2025, up from Rs 2.27 lakh in Q2 Sep 2025.
• Finance cost was negligible/zero for Q3 Dec 2025.
• Paid-up equity share capital was Rs 10,715.0 lakh with Rs 1 face value per share.

Corporate & Compliance

• Statutory auditors issued a limited review report emphasizing pending verification of trade receivables, payables, and loans.
• Board approved unaudited standalone financial results on February 4, 2026.

Business Model & Segments

• The company operates in a single segment: trading of agricultural products.

Financial Performance

• Board approved unaudited standalone financial results for quarter and nine months ended December 31, 2025.
• Total revenue for nine months ended December 31, 2025 was Rs. 16,260.44 lakhs; net loss was Rs. 467.35 lakhs.
• Basic and diluted EPS for nine months ended December 31, 2025 stood at Rs. (0.04) per share.

Business Segments

• Company operates solely in the "Trading of Agriculture Product" segment; no segmental disclosures required.

Auditor Remarks ️

• Statutory auditors issued limited review report with emphasis of matter on pending verification of trade receivables, payables, and loans/advances.
• Auditor concluded no material misstatement or non-compliance with Indian Accounting Standards or Listing Regulations.

🗓️ Meeting Details

• Board meeting scheduled for February 4, 2026, at the company's registered office.

📊 Financial Performance

• Approval of standalone unaudited financial results for the quarter ended December 31, 2025.