IFL Enterprises, an agricultural commodity trading company, has reported consolidated net profit of ₹3 crore in March quarter against a loss of ₹68 lakh in the same quarter previous year.
Revenue from operations increased multifold to ₹72 crore against ₹2 crore in the Q4 FY24.
For the financial year ended March 2025, the company achieved a 13-fold increase in revenue to ₹121 crore (₹8 crore) and net profit doubled to ₹3 crore (₹84 lakh).
The company raised ₹50 crore through rights issue last June to fund its expansion plans, including funding the working capital requirements and general corporate purposes. The rights issue was subscribed 1.21 times.
In August, the company issued a bonus share in the ratio of 1:150 (1 equity share as bonus for every 150 shares) held by the equity shareholders.
To further expand its business, the company last year approved resolutions to increase its authorised share capital and alter its main objects.
It was aimed to facilitate the company’s entry into new business domains, such as the import, export or trading of agricultural produce, including fruits, vegetables, seeds, organic products, herbal products and agri-commodities.
Incorporated in 2009, IFL Enterprises deals in the agriculture commodity business. including import, export of produce such as fruits, vegetable, seeds, organic and herbal products, and trading of agri commodity products, including contract farming and warehousing.
Published on June 2, 2025
IFL Enterprises, an agricultural commodity trading company, has reported consolidated net profit of ₹3 crore in March quarter against a loss of ₹68 lakh in the same quarter previous year.
Revenue from operations increased multifold to ₹72 crore against ₹2 crore in the Q4 FY24.
For the financial year ended March 2025, the company achieved a 13-fold increase in revenue to ₹121 crore (₹8 crore) and net profit doubled to ₹3 crore (₹84 lakh).
The company raised ₹50 crore through rights issue last June to fund its expansion plans, including funding the working capital requirements and general corporate purposes. The rights issue was subscribed 1.21 times.
In August, the company issued a bonus share in the ratio of 1:150 (1 equity share as bonus for every 150 shares) held by the equity shareholders.
To further expand its business, the company last year approved resolutions to increase its authorised share capital and alter its main objects.
It was aimed to facilitate the company’s entry into new business domains, such as the import, export or trading of agricultural produce, including fruits, vegetables, seeds, organic products, herbal products and agri-commodities.
Incorporated in 2009, IFL Enterprises deals in the agriculture commodity business. including import, export of produce such as fruits, vegetable, seeds, organic and herbal products, and trading of agri commodity products, including contract farming and warehousing.
Published on June 2, 2025
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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