Home » Nova Agritech Reports Strong Revenue Growth and Appoints New CFO

Nova Agritech Reports Strong Revenue Growth and Appoints New CFO

by Beuuy Sanga
1 minutes read

Nova Agritech Limited, a leading player in the agricultural technology sector, has announced its financial results for the quarter ended September 30, 2025, showcasing significant growth and strategic leadership changes.

Financial Highlights:
  • Revenue Growth: Nova Agritech’s revenue surged 83% quarter-over-quarter to Rs 2,131.87 lakhs, with consolidated revenue reaching Rs 3,058.74 lakhs.
  • Profit: The company reported a profit of Rs 1,070.02 lakhs on a consolidated basis.
  • Revenue Increase: Nova Agritech’s revenue growth indicates strong market demand for its products and services, particularly in the agricultural technology sector
Leadership Changes:
  • New CFO: Mr. Lakshmi Satish Tata has been appointed as the new Chief Financial Officer, effective November 13, 2025, bringing over 20 years of finance experience to the company.
  • CEO Resignation: Srinivasarao Mandalapu, the company’s CEO, stepped down on November 10, 2025, citing personal reasons. The company has initiated the transition process and is yet to announce a successor
Market Performance:

– Stock Price: Nova Agritech’s stock price stands at ₹44.77, with a 52-week high of ₹75.50 and a low of ₹40.40.

  • Market Capitalization: The company’s market capitalization is ₹414.20 Cr, with a price-to-earnings ratio of 15.71
Future Outlook:

Nova Agritech’s strong financial results and strategic appointment of an experienced CFO are expected to positively impact investor confidence.

The company’s growth in revenue, particularly on a consolidated basis, suggests effective expansion strategies and robust demand for its agricultural technology solutions

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