Omega Ag Seeds Reports 44.83% Decline in Net Profit for March 2026 Quarter
Omega Ag Seeds (Punjab) standalone net profit declines 44.83% in the March 2026 quarter
Business Standard
Image: Business Standard
Omega Ag Seeds (Punjab) reported a 44.83% decline in standalone net profit to ₹0.32 crore for the quarter ending March 2026, down from ₹0.58 crore in the same quarter last year. Sales for the quarter stood at ₹4.06 crore, a significant increase from zero sales reported in the previous year.
- 01Net profit decreased by 44.83% to ₹0.32 crore in Q1 2026.
- 02Sales increased to ₹4.06 crore from no sales in Q1 2025.
- 03Annual net profit remained stable at ₹0.35 crore for both FY 2025 and FY 2026.
- 04Total sales for the year rose to ₹5.71 crore from zero in the previous year.
- 05Operating profit margin (OPM) was negative at -0.74%.
Advertisement
In-Article Ad
Omega Ag Seeds (Punjab) reported a 44.83% decline in standalone net profit, totaling ₹0.32 crore for the quarter ending March 2026, compared to ₹0.58 crore in the same quarter of the previous year. This decline occurred despite a reported sales figure of ₹4.06 crore for the quarter, a notable increase from zero sales in the previous year. For the fiscal year ending March 2026, the company's net profit remained unchanged at ₹0.35 crore, consistent with the previous year's figures. Annual sales amounted to ₹5.71 crore, marking a significant contrast to the absence of sales reported in the prior year. The operating profit margin (OPM) was negative at -0.74%, indicating challenges in profitability despite the rise in sales.
Advertisement
In-Article Ad
Advertisement
In-Article Ad
Reader Poll
Do you think Omega Ag Seeds will recover in the next quarter?
Connecting to poll...
Read the original article
Visit the source for the complete story.