ALPHA TRIBE

Prima Agro LtdOthers, 18-08-2025: Others

18-08-2025 | 03:40 pm

Prima Agro Limited will hold its annual shareholders' meeting to approve the audited financial results for FY 2024-25, reporting a net loss of ₹0.45 Cr, a significant drop from last year's ₹0.72 Cr profit, on lower revenue of ₹10.11 Cr. The company attributes this to higher costs and weak market demand. Shareholders will also consider increasing internal loan and investment limits to ₹11 Cr for group entities and extending the redemption period of ₹6 Cr in preference shares until 2033 due to current financial constraints. This signals potential liquidity challenges, with the firm focusing on cost optimization for future growth.

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