Bharat Agri Fert & Realty Ltd — Updates, 02-06-2025: Company Update

Bharat Agri Fert & Realty Ltd. has announced a board meeting on which approved the financial results for the quarter and half-year. The company reported total income of Rs. 79.77 Cr in the year ended, up from Rs. 64.16 Cr in the previous year. Profit before tax rose to Rs. 1.27 Cr from Rs. 0.69 Cr, while profit after tax increased to Rs. 0.737 Cr from Rs. 0.437 Cr. The company is developing Anchauiyo Resort as a premium wedding venue with an estimated project cost of Rs. 100 Cr, expected to complete by FY 2026-27. A government increase in fertilizer subsidy and a marketing agreement covering 25,000 metric tons are expected to improve future revenues significantly. The company holds about 15% inventory sold in its residential project Wimbley Tower, with approvals in place. Certain legal matters related to short receipt of Transferable Development Rights and maintenance charges remain subjudice, with counterclaims filed but no provisions made.