ALPHA TRIBE

JK Agri Genetics LtdOthers, 11-08-2025: AGM/EGM

11-08-2025 | 06:45 pm

JK Agri Genetics Ltd. reported its annual financial results, with sales & other income at ₹166.89 Crore and a net loss of ₹2.50 Crore. A significant highlight was a ₹61.21 Crore gain from monetizing surplus land, which allowed the company to fully repay its working capital loans and enhance liquidity for future growth. Operationally, domestic trade grew by 9% and institutional business by 14%, despite mixed crop performance and a 3% decline in exports. Shareholders will consider re-appointing the Managing Director and appointing a new Independent Director. The company is actively pursuing recovery of over ₹25 Crore in trade receivables and security deposits from government entities through ongoing legal processes, maintaining confidence in their recoverability.

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