Mukta Agriculture Limited Announces Board Changes; Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016; Announces Change of Registered Office Address
February 14, 2017 at 07:45 am EST
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Mukta Agriculture Limited at its board meeting held on February 14, 2017, appointed Ms. Kartikee Yadav as Additional Women Director of the company with immediate effect. The company approved the resignation of Ms. Madhumati Gawade, as Women Director of the company with effect from February 14, 2017.
The company reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported total income from operations of INR 0.986 million against INR 83.691 million for the same period previous year. Loss from operations before other income, finance costs & exceptional items was INR 0.199 million against profit of INR 0.685 million for the same period of previous year. Loss from ordinary activities before tax was INR 0.199 million against profit of INR 0.685 million for the same period of previous year. Net loss was INR 0.137 million or INR 0.01 per basic diluted share before and after extra ordinary items (not annualized) compared to profit of INR 0.473 million or INR 0.01 per basic diluted share before and after extra ordinary items (not annualized) for the same period of previous year.
For the nine months, the company reported total income from operations of INR 7.599 million against INR 135.335 million for the same period previous year. Profit from operations before other income, finance costs & exceptional items was INR 2.432 million against INR 3.917 million for the same period of previous year. Profit from ordinary activities before tax was INR 2.432 million against INR 3.883 million for the same period of previous year. Net profit was INR 1.681 million or INR 0.088 per basic diluted share before and after extra ordinary items (not annualized) compared to INR 2.683 million or INR 0.01 per basic diluted share before and after extra ordinary items (not annualized) for the same period of previous year.
The company changed the registered office of the company from 401/A, Pearl Arcade, Opp. P.K. Jewellers, Dawood Baug Lane, Off. J. P. Road, Andheri (W), Mumbai- 400058 to office no. 807, 8th floor, Building A/1-Aston, Sundervan Complex, Andheri West, Mumbai- 400053.
Mukta Agriculture Limited is an India-based company that is engaged in the business of trading in agricultural goods, natural resources and deals in agro and allied products. The Company is engaged in contract farming and commercial agricultural activities, which includes the rising of crops and plantations and trading in the agricultural products, spices and products, such as grains, cereals, pulses, rubber, latex, paper, coffee, tea, cinchona, minerals, clove, cardamom, cassia, saffron, cumin seeds, pepper, ginger, cashew, banana, coconut, sugarcane, jute, bamboo, dry and green fruits, seeds, roots, plants, creepers, flowers and vegetables. It is also engaged in acquiring, owning, holding, possessing, managing, supervising, organizing, developing, conducting, cultivating and improving lands, farms, fields, creeks, areas and sites, whether for agricultural, horticultural, sericulture, botanical or garden purposes or for vegetable or other plantations.
Mukta Agriculture Limited Announces Board Changes; Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016; Announces Change of Registered Office Address
MUKTA AGRICULTURE LIMITED 
