Synopsis
- The company has reported Rs 62.02 crores Revenue from Operations as opposed to Rs 52.88 crores Revenue from Operations reported in Q1FY25
- The company registered 46.63% Y-o-Y growth in Net Profit at Rs 9.15 crores
- The company had raised Rs 44.87 Crores through a Rights Issue in June 2024
- The company reported Rs 62.02 crores Revenue from Operations and Net Profit of Rs 9.15 crores:
Ahmedabad-based Spright Agro Limited, a leading company in the agriculture sector specialising in contract farming and greenhouse technology, has announced financial results for first quarter that ended on June 30, 2025 for financial year 2025-2026. The company has reported healthy growth on Year-on-Year as well as Quarter-on-Quarter basis with strong revenue and net profit this year.
Financial Highlights:
| Particulars | Q1FY26 | Q1FY25 | % Change |
|---|---|---|---|
| Revenue from Operations | ₹62.02 Cr | ₹52.88 Cr | 17.38% |
| PAT | ₹9.15 Cr | ₹6.25 Cr | 46.63% |
For Q1FY26, the company has reported Rs 62.02 crore revenue from operations, a Y-o-Y growth of 17.38% compared to Rs 52.88 crore revenue from operations reported in Q1FY25. Total Net Profit for Q1FY26 is reported at Rs 9.15 crores, a 46.63% Y-o-Y growth compared to Net Profit of Rs 6.25 crores reported in Q1FY25.
The company has demonstrated strong Quarter-on-Quarter performance. Compared to Net Income of Rs 3.13 crores in Q4FY25, company reported Net Income of Rs 62.16 in Q1FY26, growth by 19 folds. The company has registered profit and is keen on strategic and business collaborative decisions to further cement their footing in the industry.
The management of the company commented, “We are happy to report such stellar results with 46.63% growth in Net Profit on Year-on-Year basis. This strong financial performance reflects our operational excellence and financial planning. As we move forward, we remain committed to sustaining this growth momentum with a continued emphasis on innovation and strengthening our leadership position in the market.”
The company has been actively strengthening its financial base to support growth and operational needs. Earlier in June 2024, Spright Agro Limited had raised Rs 44.87rores through Rights Issue by offering 33.48 lakh equity shares at Rs. 13.4 per share. The face value was Rs 1 per share. The issue was offered in a 1:15 ratio—one rights equity share for every 15 fully paid-up Equity Shares held on record date of June 7, 2024. The issue was listed on June 30, 2024 on BSE and got oversubscribed by 1.16 times by the end of the bidding period with total bid quantity received by BSE of 3,87,59,398 shares. Proceeds from the issue were used for working capital requirements, general corporate purposes and issue expenses.
Spright Agro Limited’s mission is to nourish communities and drive sustainable growth through innovative, responsible food and agriculture solutions. The company’s vision is to become a global leader in the agri-food sector, ensuring access to safe, healthy food while promoting sustainability and social impact.
Founded in 1994, Spright Agro Limited, formerly known as Tine Agro Limited, develops agricultural and forestry operations. The company plants, grows, cultivates, produces and breeds various agricultural and forestry crops, horticultural crops, greenhouses, net houses, medicinal and aromatic plants in owned and/or leased farms and operates as a manufacturer, importer and exporter, wholesaler, retailer and trader of all types of agricultural and other commodities.
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
