Results - Announcements
Kaveri Seed Company Ltd share price softened by 2.11% to Rs 681.2 after the company's net profit witnessed a sharp fall of 103.14% to Rs 8.78 crore, while revenue from operations plunged by 67.12% to Rs 244.14 crore in Q3FY26 over Q2FY26.
The market capitalization of Other Agricultural Products industry group stocks on BSE stood at Rs 56428.49 crore, declining 3.70%. It has eased by 3.42% over last one week and eased lower by 5.07% in last one month while the market capitalization of Kaveri Seed Company Ltd has slipped by 7.57% and 14.56% in the same period respectively.
Profit before tax (PBT) of Kaveri Seed Company Ltd stood at Rs 8.43 crore in Q3 FY26, crashing by 44.17% year-on-year, and tanking 102.97% quarter-on-quarter. EBITDA came in at Rs 4 crore, tumbling by 64.90% YoY and plunging by 101.48% sequentially.
Total expenses saw a steep drop of 44.30% to Rs 257.38 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 89.81 crore, slumping by 70.42% YoY, while employee benefits expense was at Rs 37.97 crore, collapsing by 14.94% YoY.
For the TTM ended FY26, revenue from operations advanced 15.75% to Rs 1394.76 crore, while net profit saw a marginal increase of 4.80% to Rs 295.83 crore, compared to previous TTM. EBITDA soared by 26382% to Rs 307.52 crore, and PBT inched up 2.88% to Rs 305.79 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 6.47 crore in FY26, as against Rs 196.91 crore in FY25.
Kaveri Seed Company Ltd nosedived by 35.74% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.19% during the same period.