Galaxy Agrico Exports Swings to ₹117.54 Lacs Profit as Q2 Revenue Reaches ₹844.05 Lacs

Galaxy Agrico Exports reported a standalone net profit of ₹117.54 lacs for the quarter ended September 30, 2026, reversing a loss of ₹22.30 lacs in the same quarter a year earlier, ScanX reported on November 14, 2026. Revenue from operations rose to ₹844.05 lacs from ₹98.11 lacs in Q2FY26.

Galaxy Agrico's Quarter and Half-Year Numbers

The board approved the unaudited standalone and consolidated results at its meeting on November 14, 2026. Statutory auditors NKSC & Co., Chartered Accountants, Delhi, issued a Limited Review Report, and the Audit Committee reviewed and recommended the results.

Total income for the quarter was ₹886.93 lacs against ₹100.45 lacs a year earlier, while total expenses were ₹710.06 lacs. Profit before tax came to ₹176.87 lacs versus a loss before tax of ₹32.62 lacs in Q2FY26, and a current tax charge of ₹59.33 lacs left net profit from continuing operations at ₹117.54 lacs. Basic and diluted earnings per share were ₹3.17 for the quarter, compared with a loss per share of ₹0.82 a year earlier.

For the half year ended September 30, 2026, standalone net profit was ₹167.61 lacs against a loss of ₹32.79 lacs in the same half of 2025, and half-year revenue from operations reached ₹1,195.88 lacs. Net cash generated from operating activities for the half year was ₹432.54 lacs, compared with ₹102.73 lacs a year earlier.

How the Earth Capital Finvest Stake Changed Reporting

Galaxy Agrico prepared consolidated results for the first time for the half year ended September 30, 2026, after its shareholding in Earth Capital Finvest Limited rose to 23.36% with effect from September 16, 2026, making that company an associate. Consolidated net profit for Q2FY27 was ₹126.68 lacs, including a share in profit of the associate of ₹9.13 lacs, and consolidated revenue from operations and total income matched the standalone figures at ₹844.05 lacs and ₹886.93 lacs. Consolidated basic and diluted earnings per share were ₹3.42 for the quarter and ₹4.77 for the half year.

Galaxy Agrico's Export Business

Galaxy Agrico is an Indian public limited manufacturer and 100% exporter of agricultural, gardening and industrial hand tools, serving B2B distributors and wholesalers in more than 39 countries under the GALAXY brand, according to akta.pro company records. The company was established in 1992-93 and converted into a public limited company, listing on BSE under Scrip Code 5319, the same records show.

Earlier Board Decisions at Galaxy Agrico

On August 25, 2026, the board met to discuss a proposed 10:1 sub-division of equity shares that would reduce face value from ₹10 to ₹1, and the decision was deferred, ScanX reported. In June 2026, the company withdrew its intimation regarding the appointment of Mr. Aayush Shah and Mr. Ankitkumar Surendrakumar Agrawal as Non-executive Independent Directors, ScanX reported.

What Comes Next for Galaxy Agrico

The company said no fund raising was undertaken during the quarter under review. The financial statements for the year ended March 31, 2026 were audited by another firm of Chartered Accountants, which expressed an unmodified opinion in its report dated May 30, 2026.