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