Kaveri Seed Company Legal & Regulatory
Kaveri Seed disclosed an ITAT hearing notice for a ₹56.21 Crore income-tax appeal filed by the IT Department. The company expects no material adverse impact.
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Kaveri Seed disclosed an ITAT hearing notice for a ₹56.21 Crore income-tax appeal filed by the IT Department. The company expects no material adverse impact.
Kaveri Seed Company Limited filed its Annual Report for the financial year 2025-26 and the Notice for its 39th Annual General Meeting.
Kaveri Seed Company Limited has issued a notice for its 39th Annual General Meeting, scheduled to be held on September 29, 2026, via video conferencing.
Q1FY27 revenue fell 13.76% YoY to RS. 815 Cr, with PAT at RS. 271.3 Cr. Performance was severely impacted by El Nino and delayed monsoons, affecting maize and cotton sowing windows.
Management struggled to explain a 13.7% revenue drop despite maintaining margins, blaming poor rainfall for severe de-growth in major markets like Karnataka and Madhya Pradesh.
Kaveri Seed Q1FY27 revenues fell 13.78% YoY to ₹815 Cr, impacted by a 40% rainfall deficit affecting maize and rice sowing. Focus remains on new product launches and export growth.
Kaveri Seed Company Ltd reported revenue from operations of ₹742.5 Cr (-13.5% YoY) and net profit of ₹279.8 Cr (-14.5% YoY) for Q1 FY27.