Mumbai, January 30, 2025 – Blue Pearl Agriventures Limited has announced its financial results for the quarter ended December 31, 2024, alongside key corporate developments, including a stock split and relocation of its registered office.
Financial Highlights (Standalone)
(₹ in Lakhs)
Particulars
Q3 FY25
Q2 FY25
Q3 FY24
9M FY25
9M FY24
FY24 (Audited)
Revenue from Operations
1,022.87
745.96
3.73
2,384.75
22.48
26.41
Total Expenses
968.37
697.32
3.49
2,248.94
23.58
33.17
Profit Before Tax
53.50
48.64
0.24
135.81
(1.10)
(6.86)
Profit After Tax (PAT)
36.81
36.46
0.24
98.51
(1.10)
(6.86)
EPS (Basic & Diluted) (₹)
14.38
14.24
0.09
38.48
(0.43)
(2.68)
Revenue for Q3 FY25 stood at ₹1,022.87 lakhs, marking a significant rise from ₹3.73 lakhs in Q3 FY24.
Net profit for the quarter was ₹36.81 lakhs, compared to a marginal ₹0.24 lakhs in Q3 FY24.
Earnings per share (EPS) rose to ₹14.38 from ₹0.09 in the corresponding quarter last year.
Key Corporate Announcements
1. Stock Split Approval
The Board approved a sub-division of 1 equity share of ₹10 into 10 equity shares of ₹1 each.
The move is aimed at enhancing liquidity and making shares more affordable to retail investors.
2. Registered Office Relocation
The company is shifting its registered office from Mumbai, Maharashtra to Gujarat, pending shareholder approval in the upcoming Extraordinary General Meeting (EoGM) on February 25, 2025.
3. EoGM and E-Voting Details
EoGM Date: February 25, 2025, at 4:00 PM.
E-voting Window: February 22, 2025 (9:00 AM) to February 24, 2025 (5:00 PM).
Scrutinizer: M/s Dharti Patel & Associates, Practicing Company Secretary.
Auditor's Review
J. Singh & Associates, Chartered Accountants, conducted a limited review of the unaudited financial results. Their report confirmed compliance with SEBI regulations and no material misstatements.
Conclusion
With a strong financial turnaround, a share split, and a strategic move to Gujarat, Blue Pearl Agriventures is positioning itself for enhanced market presence and shareholder value. The upcoming EoGM will be crucial in shaping the company’s next growth phase.