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However, revenue from operations rallied 11.58% to Rs 107 crore in Q4 FY26, against Rs 95.89 crore posted in the same quarter last year.
Profit before tax was at Rs 3.36 crore in Q4 FY26, down 64.36% as against Rs 6.36 crore posted in Q4 FY25.
Total expenses increased 15.5% to Rs 101.64 crore in Q4 FY26, compared to Rs 88 crore reported in Q4 FY25. The cost of materials consumed stood at Rs 40.63 crore (up 8.12% YoY), and employee benefit expenses were Rs 9.88 crore (up 18.89% YoY) during the period under review.
The board of Mahindra EPC Irrigation has approved multiple appointments, subject to shareholder nod at the upcoming AGM.
Shriprakash Shukla has been appointed as a Non-Executive Non-Independent Director, liable to retire by rotation and not seeking reappointment due to superannuation. The board also approved the reappointment of Ramesh Ramachandran as managing director (MD) for three years from 15 September 2026. Further, Dr. Purvi Mehta and Balram Singh Yadav have been appointed as Additional Non-Executive Independent Directors for five-year terms from 21 April 2026 to 20 April 2031.
Mahindra EPC Irrigation is in the business of Micro Irrigation Systems viz. Drip and Sprinklers, Agricultural Pumps, Greenhouses, and Landscape Products.
Shares of Mahindra EPC Irrigation rose 1.76% to end at Rs 128.17 on the BSE.
For the full year,net profit rose 76.01% to Rs 12.69 crore in the year ended March 2026 as against Rs 7.21 crore during the previous year ended March 2025. Sales rose 14.46% to Rs 312.09 crore in the year ended March 2026 as against Rs 272.67 crore during the previous year ended March 2025.
Revenue from operations rallied 14.75% to Rs 93.47 crore in Q3 FY26, against Rs 81.45 crore posted in the same quarter last year.
Total expenses increased 15.61% to Rs 84.48 crore in Q3 FY26, compared to Rs 73.07 crore reported in Q3 FY25. The cost of materials consumed stood at Rs 44.52 crore (up 14.62% YoY), and employee benefit expenses were Rs 8.23 crore (up 6.05% YoY) during the period under review.
Profit before tax was at Rs 8.74 crore in Q3 FY26, up 2.46% as against Rs 8.53 crore posted in Q3 FY25.
Mahindra EPC Irrigation is in the business of micro irrigation systems, viz., drip and sprinklers, agricultural pumps, greenhouses, and landscape products.
The contract involves the construction of a pressurized micro-irrigation system.
The domestic order, valued at Rs 1.79 crore, carries a completion timeline of 12 months, the company said. The nature of the contract is in line with the scope outlined for developing the micro-irrigation infrastructure.
Mahindra EPC clarified that none of the promoters, promoter group or group companies hold any interest in the entity awarding the contract. The transaction does not fall under related-party arrangements and has been executed at arm’s length.
The company reported a consolidated net profit of Rs 0.43 crore for Q2 FY26, compared to a net loss of Rs 2.76 crore recorded in Q2 FY25. Revenue from operations declined marginally to Rs 49.58 crore in Q2 FY26, against Rs 50.02 crore posted in the same quarter last year.
Shares of Mahindra EPC Irrigation added 1.55% to settle at Rs 133.95 on the BSE.