SC Agrotech Q2 Results: Revenue Hits Rs 45.26 Crore, Profit at Rs 10.21 Crore

Revenue rose to Rs 45.26 crore from Rs 5.02 crore; PAT reached Rs 10.21 crore from Rs 0.21 crore.

Reader Takeaway: Strong revenue and profit growth face caution due to auditor remarks on pending balance sheet reconciliations.

What just happened

SC Agrotech Ltd announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The board approved the performance report on October 28, 2026, revealing substantial year-on-year growth across key financial metrics. Total revenue for the quarter scaled to Rs 45.26 crore, compared to Rs 5.02 crore in the same period last year. Net profit followed a similar trajectory, climbing to Rs 10.21 crore.

Why this matters

The company’s rapid expansion in its agri-trading segment has significantly improved its bottom line, with EPS rising to Rs 1.34 from Rs 0.35. This suggests strong operational scaling. However, the statutory auditors, Marks & Co., have issued a Limited Review Report containing an 'Emphasis of Matter'. They noted that trade receivables, trade payables, and loans and advances remain subject to comprehensive verification and external confirmation. This implies that the reported balance sheet items are pending reconciliation with external parties.

Risks to watch

The primary risk for shareholders is the auditor-flagged uncertainty regarding the accuracy of balance sheet accounts. Until the company provides confirmation that these trade receivables and payables have been fully reconciled with external ledgers, the quality of these assets remains a point of scrutiny.

Context metrics

For the half-year ended September 30, 2026, the company posted a cumulative revenue of Rs 83.11 crore and a net profit of Rs 19.77 crore. The firm confirms it operates exclusively in the Agri Trading Raw Material and Products segment, with no other reportable segments under Ind AS.

What to track next

Investors should monitor future exchange filings for management updates regarding the completion of the reconciliation process and auditor sign-off on the verified balances.