Results - Announcements
Kaveri Seed Company Ltd share price inched up 2.97% to Rs 701.4. The Company's net profit tumbled by 103.14% to Rs 8.78 crore, while revenue from operations dropped sharply 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 56961.79 crore, declining 3.70%. It has softened by 2.08% over last one week and dipped slightly by 6.23% in last one month while the market capitalization of Kaveri Seed Company Ltd has eased by 4.38% and 10.33% in the same period respectively.
Profit before tax (PBT) of Kaveri Seed Company Ltd stood at Rs 8.43 crore in Q3 FY26, nosediving by 44.17% year-on-year, and tumbling by 102.97% quarter-on-quarter. EBITDA came in at Rs 4 crore, tanking 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 improved 15.75% to Rs 1394.76 crore, while net profit saw a mild growth of 4.80% to Rs 295.83 crore, compared to previous TTM. EBITDA surged by 26382% to Rs 307.52 crore, and PBT saw a minor gain of 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 crashed 32.70% in last one year, underperforming the benchmark BSE Sensex which has slipped by 13.45% during the same period.