Nagarjuna Agri Tech Ltd — Results, 06-05-2025: Result
06-05-2025 | 04:06 pm
06-05-2025 | 04:06 pm
Nagarjuna Agri-Tech Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a net loss for the year, impacted by exceptional items related to the sale of land and assets. The sale of major land holdings raises material uncertainty about the company’s ability to continue as a going concern, as highlighted by auditors. Total income stood at Rs. 39.67 lakh for the year, with total expenses at Rs. 48.08 lakh excluding exceptional items. Cash and cash equivalents plunged to Rs. 0.08 lakh from Rs. 147.55 lakh due to significant outflows, mainly from operating activities. The promoters have accepted an open offer to sell their shares.
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