A low-priced stock, Spright Agro Limited, which trades below ₹5, grabbed investor attention after announcing strong results for the April–June 2025 quarter. The stock hit the upper circuit (meaning no sellers, only buyers) on Friday after reporting a sharp 46% increase in profit compared to the same quarter last year.
About the Company
Spright Agro is a small company listed on the BSE with a market value of around ₹240 crore. It is based in Ahmedabad and works in the agriculture sector, focusing on contract farming and greenhouse technology.
Strong Q1 Performance
In Q1 FY26 (April–June 2025), the company made a net income of ₹62.16 crore. This is a huge jump compared to ₹3.13 crore in the previous quarter (Q4 FY25). This 19-times increase shows the company is growing strongly.
Year-on-Year (YoY), the net profit went up by 46.63%. The management said this was due to smart planning and efficient operations. They are now focused on keeping this momentum going by continuing to innovate and lead in the market.
Recent Fundraising
In June 2024, Spright Agro raised ₹44.87 crore through a Rights Issue—an offer to existing shareholders to buy more shares. Each share was priced at ₹13.4, and the issue was oversubscribed, meaning more people wanted to invest than the number of shares available.
The funds raised are being used to support the company’s daily operations, general business needs, and related expenses.
Future Focus
Spright Agro aims to become a global leader in the agri-food industry by offering safe and healthy food solutions while focusing on sustainability and positive social impact.
Also See: Nephroplus Plans ₹2,000 Cr IPO with ₹353.4 Cr Fresh Issue, Backed by BVP and Investcorp
Note: This article is for information purposes only. Please consult a financial advisor before investing in the stock market.
