Unisem Agritech reported a revenue of Rs 58.71 crore for the half-year ending September 2026, marking a rise from the previous year. However, net profit declined to Rs 3.12 crore from Rs 3.50 crore. To streamline costs, key leadership including the CEO and Whole-time Directors have voluntarily relinquished significant portions of their monthly remuneration effective October 2026.
Unisem Agritech H1 Profit Declines as Revenue Climbs
Revenue rose to Rs 58.71 crore; Profit after tax stood at Rs 3.12 crore.
Reader Takeaway: Revenue growth signals strong demand, but profit contraction and leadership salary cuts highlight underlying margin pressure.
What just happened
Unisem Agritech released its unaudited financial results for the half-year ended 30 September 2026. While revenue from operations grew to Rs 58.71 crore from Rs 51.34 crore in the same period last year, the company's profitability saw a decline. Profit after tax (PAT) fell to Rs 3.12 crore compared to Rs 3.50 crore previously, and basic EPS dropped to Rs 2.76 from Rs 4.35.
Why this matters
The decline in net profit despite top-line growth indicates rising input or operating costs eating into margins. In a proactive move to address these costs, the Board announced that Whole-time Directors Mr. Anil K. N. and Mr. Dharanendra H. Gouda, along with CEO Mr. B. H. Devasingh Naik, have voluntarily relinquished 50%, 40%, and 28% of their monthly remuneration respectively, starting 01 October 2026.
Corporate Governance
Beyond financials, the Board formalized the CSR expenditure plan for FY 2026-27, which includes adjusting for excess CSR spending from the prior year. The company maintained a clean slate regarding investor grievances, reporting zero complaints for the quarter ended 30 September 2026. The Board also reviewed Internal Audit reports and finalized MD, CEO, and CFO certifications for the preceding fiscal year.
What to track next
Investors should watch for margin improvement in the upcoming quarters. The efficacy of these salary reduction measures in curbing overall operating expenses will be a key performance indicator for shareholders moving forward.
