ALPHA TRIBE

MRC Agrotech LtdResults, 30-05-2025: Result

30-05-2025 | 10:47 pm

MRC AGROTECH LIMITED has announced a board meeting approving the financial results for the quarter and half-year. The company reported revenue from operations at ₹1532.44 lakh with a profit before tax of ₹1.20 crore and a net profit of ₹87.60 lakh for the year. The consolidated results include its 51% subsidiary, Agronica Seeds Spark Pvt Ltd. The auditor issued a qualified opinion due to unsecured loans of ₹12.93 crore, with ₹7.86 crore lacking proper documentation and no interest income received, raising concerns on recoverability. These issues limit the auditor's ability to fully verify the financials.

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