City Crops Agro Limited has announced its financial results for the fiscal year ended March 31, 2026, reporting a net loss of ₹393.16 lakhs. This compares to a net profit of ₹247.69 lakhs in the previous fiscal year. Revenue from operations also saw a significant decline, falling to ₹1,953.95 lakhs from ₹5,591.71 lakhs in FY25. The company’s earnings per share (EPS) was a basic and diluted (₹2.41) for FY26.
City Crops Agro Limited Financial Highlights for FY26
City Crops Agro Limited has released its audited financial statements for the fiscal year ending March 31, 2026. The company recorded a substantial net loss of ₹393.16 lakhs, a significant downturn from the net profit of ₹247.69 lakhs reported in the prior fiscal year. This loss is primarily attributed to a considerable decrease in revenue and an increase in expenses.
Revenue and Profitability Decline
Total revenue from operations for the financial year 2025-26 stood at ₹1,953.95 lakhs, marking a sharp decrease from ₹5,591.71 lakhs in the financial year 2024-25. The company incurred a loss before tax of ₹393.18 lakhs for FY26, contrasting with a profit of ₹257.76 lakhs in FY25. Consequently, the profit after tax for the period resulted in a net loss of ₹393.16 lakhs.
Earnings Per Share
The earnings per share (EPS) for the financial year ended March 31, 2026, reflect this performance. The basic and diluted EPS stood at (₹2.41) per equity share, compared to ₹1.52 per equity share in the previous year. The face value per equity share remains at ₹10.
Operational Overview
The directors noted that there were no changes in the nature of the company’s business during the financial year 2025-26. The company’s management is actively exploring new avenues for future growth and anticipates increased growth in the coming periods. The Board of Directors has chosen not to recommend any dividend for the financial year 2025-26 to conserve resources for future prospects and growth.
Share Capital
The authorized share capital of the company as of March 31, 2026, remains ₹25,00,00,000/- divided into 2,50,00,000 equity shares of ₹10/- each. The paid-up equity share capital as of the same date is ₹16,31,67,600/- comprising 1,63,16,760 equity shares of ₹10/- each.
Source: BSE
