loading...

Julien Agro Infratech Ltd. Board Approves Fund Raise, Reports Stellar Earnings for Q3FY25

Julien Agro Infratech Ltd., a growing player that has expanded into construction and civil works, has announced that its board, in its meeting held on January 16, 2024, approved the un-audited financial results for the quarter and nine months ended 31 December 2024.

For the quarter ended 31 December 2024 reported Revenues at Rs. 3863.46 Lakhs, growing 607.58% YoY. The PAT grew 1206% YoY to Rs. 267.96 Lakhs (Q3FY25).For nine months ended 31 December 2024, the revenue from operations was reported at Rs. 6934.32 Lakhs, with PAT coming in at Rs. 456.81 Lakhs (9MFY25). EPS for 9MFY25 was reported at Rs. 2.31 per share.

The company further approved raising of funds through the issue of 2 crore convertible warrants on preferential basis to non-promoter group. The board also approved a 2nd interim dividend for the Financial Year 2024-25 with the record date as February 07, 2025.

Earlier, the company announced that it has secured an order for “Unbranded Rice” amounting to INR 118.30 Million. This marks a significant order for the Company, which has been specializing in agricultural products for the past two years. This fresh order is expected to further enhance its business growth and contribute to the achievement of the company’s long-term goals. The order is anticipated to be completed by March 2025.

Earlier, the company’s board approved a 1:2 sub-division/ split of the equity shares of face value of Rs. 10 to Rs. 5, and fixed January 06, 2025 as record date for stock split.

As a result of the company’s dual focus on marketing and construction/civil works, turnover and profit have seen steady growth. Under the guidance of a seasoned board of directors, the company diligently safeguards its net worth and oversees its operations.

For the year ended 31 March 2024, the company reported its revenues at Rs. 2134.70 Lakhs. In addition to its existing endeavors, the company hopes to expand into real estate development on a large scale. In FY23, a strategic decision was made to diversify into the agriculture sector, leading to the transformation into “Julien Agro Infratech Limited.

“With a comprehensive range of services tailored to its clients’ needs, the company provides a comprehensive range of solutions. It offers cost-effective and innovative solutions in a wide range of fields, including landfilling, leveling, shed foundations, agricultural trade, and road construction.

Committed to environmental, social, and governance (ESG) principles, the company prioritizes sustainability and ethical business practices across all its operations. It actively seeks to minimize its environmental footprint through responsible sourcing, energy efficiency measures, and waste reduction initiatives. Furthermore, the company upholds social responsibility by engaging with local communities, promoting diversity and inclusion in its workforce, and ensuring fair labor practices throughout its supply chain. By integrating ESG considerations into its strategic decision-making processes, the company aims to create long-term value not only for its shareholders but also for society at large.

By fostering transparency, accountability, and good corporate governance practices, the company seeks to instill trust and confidence among its shareholders, thereby strengthening its position as a trusted steward of their investments.

Leave a Reply

Your email address will not be published. Required fields are marked *