Super Crop Safe Limited has reported its un-audited financial results for the first quarter ended June 30, 2026. The company’s Board of Directors took on record the financial performance during their meeting held on August 14, 2026. The detailed results, prepared in accordance with Indian Accounting Standards (Ind AS), highlight the company’s financial standing for the period.
Super Crop Safe Limited Reports Q1 FY27 Unaudited Financial Results
Super Crop Safe Limited announced its un-audited financial results for the first quarter ended June 30, 2026. The financial statements were officially taken on record by the Board of Directors during their meeting held on August 14, 2026, at the company’s registered office.
Key Financial Highlights
The reported results indicate that for the quarter ended June 30, 2026, the company’s Net Sales/Income from Operations stood at ₹1865.33 Lakhs. Total income for the period was ₹1865.33 Lakhs. Total expenses incurred during the same quarter amounted to ₹1734.65 Lakhs, leading to a Profit before tax of ₹130.68 Lakhs. The Net Profit for the period stood at ₹131.30 Lakhs. Total comprehensive income for the quarter was ₹133.71 Lakhs.
Comparative Performance
Comparing these figures with the preceding period, the quarter ended March 31, 2026, saw total income of ₹1358.03 Lakhs and a net profit of (₹15.74) Lakhs. For the corresponding quarter of the previous year, ended June 30, 2025, total income was ₹946.97 Lakhs, with a net profit of ₹49.58 Lakhs.
Auditor’s Review and Qualifications
The independent auditor’s review report highlights certain aspects concerning the company’s financial statements. As of June 30, 2026, the company had significant unpaid statutory dues, including Provident Fund, Professional Tax, and Tax Deducted at Source, totaling ₹416.30 Lakhs. Additionally, there were significant overdue trade receivables amounting to ₹1,171 Lakhs out of a total of ₹3,504 Lakhs, and overdue trade payables of ₹551 Lakhs out of a total of ₹1,172 Lakhs. The report also notes delays in employee salary payments. These conditions, considered together, indicate a material uncertainty that casts significant doubt on the Company’s ability to continue as a going concern, and the financial results do not adequately disclose these facts.
Emphasis of Matter
A significant point of emphasis relates to Note No.5, detailing the preferential allotment of 1,17,44,722 Equity Shares at an issue price of ₹13/- per share towards the conversion of outstanding unsecured loans. While the company has received in-principle approval from BSE Limited, the final listing approval and procedural formalities with the Stock Exchange and SEBI are pending.
Source: BSE
