ALPHA TRIBE

Bharat Agri Fert & Realty LtdResults, 30-05-2025: Result

30-05-2025 | 11:27 pm

Bharat Agri Fert & Realty Ltd. has announced a board meeting outcome approving the financial results for the quarter and half-year ended March 31, 2025. Revenue from operations rose to Rs. 2534.90 lakh for the year, but the company reported a modest profit of Rs. 91.53 lakh, impacted by increased expenses and finance costs. The company is expanding its resort capacity from 80 to 250 rooms, investing approximately Rs.100 Cr to position it as a premium wedding destination. Fertilizer subsidy hikes and a marketing MoU with Greenstar Fertilizers are expected to generate around Rs. 40 Cr in revenue. The Wembley-60 residential project has booked about 15% of available units. The company converted 120 acres of land to non-agricultural status for upcoming projects. Audit reports carried qualified opinions due to non-provision of Rs. 9.81 Cr for overdue trade receivables and lack of impairment testing for the fertilizer segment, which is operating at less than 10% capacity. New appointments were made for secretarial, internal, cost, and tax auditors for FY 2025-26. Some legal matters are ongoing, including claims related to Transferable Development Rights and maintenance charges.

No comments yet. Be the first to comment!

All announcements from Bharat Agri Fert & Realty Ltd