JK Agri Genetics Ltd — Board Meeting, 31-07-2025: Board Meeting
31-07-2025 | 03:17 pm
31-07-2025 | 03:17 pm
JK Agri Genetics has reported its financial results for the quarter. The company posted a revenue from operations of 91.93 Cr and a net profit of 17.72 Cr for the period. The business is seasonal, and these results are not indicative of full-year performance. A key ongoing matter is the recovery of 18.24 Cr in overdue trade receivables and 1.22 Cr in security deposit from Rajasthan State Seeds Corporation (RSSC). The company's legal appeal against an unfavorable arbitration award and subsequent court dismissal is now before the High Court of Rajasthan. Management remains confident in recovery, and auditors have not modified their opinion.
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