Naturite Agro Products delivered a remarkable 95% increase in standalone net profit to ₹3.49 lakh in Q1 FY27 (quarter ended June 30, 2026), compared to ₹1.79 lakh in the corresponding quarter of the previous year. According to the company's unaudited financial results, this profit growth occurred despite facing significant revenue challenges during the same period.
The company experienced a substantial 77.54% decline in sales to ₹208.58 lakh in Q1 FY27, down from ₹925.97 lakh recorded in the same quarter of the previous financial year. As reported in the company's unaudited financial statements, this dramatic revenue contraction indicates challenging market conditions or operational changes that impacted the company's top-line performance during the quarter. The statutory auditors, M N Rao & Associates LLP, expressed an unqualified opinion on the interim financial statements prepared in accordance with Ind AS 34.
The company's cost of materials consumed surged significantly to ₹912.21 lakh in Q1 FY27, compared to ₹489.83 lakh in the previous year, representing a substantial increase in input costs. However, the company maintained stable employee benefits expense at ₹22.69 lakh and reduced finance costs to ₹3.34 lakh from ₹4.89 lakh in Q1 FY26. The operating profit margin (OPM) stood at 3.85% in the June 2026 quarter, compared to 1.08% in the corresponding quarter of the previous year, demonstrating improved operational efficiency despite the challenging revenue environment.
The board approved a stock split from face value ₹10/- to ₹5/- per equity share, with the split expected to be completed within 2 months of receiving shareholder and regulatory approvals. The company also increased its authorised share capital from ₹6 crore to ₹9 crore, subject to shareholder approval. Additionally, Mrs. Thejasri Kancharla was appointed as Additional Director cum Whole-Time Director for three years, while Mrs. Surakanti Anitha resigned as Additional Director, both effective August 7, 2026. The company's 36th Annual General Meeting has been scheduled for September 9, 2026, at 11:30 AM, with the board also approving the 36th AGM Notice and Directors' Report.
