According to the latest regulatory filing, Mukta Agriculture has undergone a significant board leadership change with Manaklal Agrawal (DIN: 10214780) ceasing to serve as Independent Director effective July 27, 2026, following completion of his tenure. The company informed the Bombay Stock Exchange that this cessation occurs solely due to the completion of his term of office and is not attributable to any other reason. The board reconstitution approved by directors on May 15, 2026, has resulted in Himanshu Agarwal assuming the chairmanship of both the Audit Committee and Stakeholders Relationship Committee, while Nirali Thingalaya takes over as Chairperson of the Nomination and Compensation Committee. Krishan Khadaria continues as a member across all three statutory committees, ensuring continuity in governance without disruption to ongoing operations.
According to the latest financial results, Mukta Agriculture achieved a standalone net profit of ₹85.01 lakh in the quarter ended June 2026, marking a significant turnaround from the net loss of ₹107.99 lakh recorded in the corresponding quarter of the previous financial year. This represents a positive shift in the company's financial performance during the first quarter of FY27. The company's board approved these unaudited results on July 28, 2026, as reported by multiple sources, with statutory auditors Ashok Shetty & Co providing an unmodified limited review opinion on the standalone results.
The company reported zero sales for the quarter ended June 2026, which was consistent with the nil sales recorded in the corresponding quarter of the previous financial year. Total income stood at ₹16.42 lakh, driven entirely by other income, down from ₹35.65 lakh in Q4FY26. The absence of revenue generation during both quarters indicates that the company's profitability improvement was achieved through operational efficiency improvements rather than increased business activity. According to the latest financial data, the company's operating profit margin (OPM) improved to 1.70% in March 2026, up from negative margins in previous years, demonstrating enhanced operational efficiency.
Total expenses were ₹79.23 lakh, comprising employee benefit expenses of ₹56.01 lakh and other expenses of ₹23.22 lakh. While other income declined significantly quarter-on-quarter from ₹35.65 lakh to ₹16.42 lakh, the reduction in total expenses—from ₹71.41 lakh in Q4FY26 to ₹79.22 lakh in Q1FY26—was offset by the prior year's loss position. The company's paid-up equity capital remains unchanged at ₹2,168.18 lakh, indicating stable capital structure despite the operational challenges.
According to the latest market data, Mukta Agriculture shares are currently trading at ₹2.8 as of July 27, 2026, with the stock opening and closing at the same price. During today's trading session, the stock moved between ₹2.75 and ₹3.20, with an average price of ₹2.98. Over the past 52 weeks, the stock has recorded a low of ₹2.11 and a high of ₹3.78, indicating significant price volatility. The stock has shown 6.2% growth over the past six months but has declined by 16.41% over the last year, reflecting mixed market sentiment. The results were prepared in accordance with IND AS as prescribed under Section 133 of the Companies Act, 2013, and comply with SEBI regulations.
