On Monday, the share price of Harshil Agrotech Limited jumped 5 per cent to lock in the upper circuit. On August 14, 2025, the Board of Directors of Harshil Agrotech Limited held a meeting to announce Quarterly Results.
Harshil Agrotech Limited has announced its unaudited standalone results for the quarter ended June 30, 2025 (Q1 FY26), showcasing a sharp turnaround and multi-fold growth in both revenue and profit. Revenue from operations surged to Rs 59.89 crore in Q1 FY26 from Rs 2.38 crore in Q4 FY25, marking a massive quarter-on-quarter jump of over 24 times, while compared to Rs 11.37 crore in Q1 FY25, the revenue rose more than five-fold.
Net profit stood at Rs 6.53 crore, up from a loss of Rs 0.78 crore in the previous quarter and increasing over seven-fold from Rs 0.90 crore in the year-ago period. EBITDA came in at Rs 8.82 crore, translating into a margin of 14.72 per cent, an improvement from 10.73 per cent in Q1 FY25.
Earlier in the year, the Board of Directors at its meeting held on today has approved the allotment of 20,32,00,000 fully paid-up Rights Equity Shares of face value of Rs 1/- each at price of Rs 2.43/-per Rights Equity Share (including premium of Rs 1.43/-per Rights Equity Share) to the successful applicants. Accordingly, pursuant to the allotment the paid-up equity share capital of the Company has increased from 50,80,00,000 to 71,12,00,000 Equity Shares Capital.
In the last 5-years the stock has gained over 2000 per cent and in the last 2 years it has rallied 631.5 per cent and in last 3 years it has surged by 893 per cent.
Incorporated in 1972, Harshil Agrotech Limited (formerly Mirchi Technologies Ltd) is engaged in trading agricultural goods, commodities, and agri materials, along with preparing, manufacturing, processing, marketing, importing, exporting, and selling a wide range of agricultural food products such as spices, oil seeds, grains, vegetables, herbs, pickles, and other items derived from farming or related activities.
The post FMCG Stock hits 5% upper circuit after revenue increases by 2,416% QoQ appeared first on Trade Brains.