Julien Agro Infratech Ltd., a growing player that has expanded into construction and civil works, has announced that its board will meet on January 16, 2024 to consider Fund raising through Preferential Issue of Warrants to person belonging to the Non Promoter Group and Foreign Institutional Investors, if any, and also consider a 2nd interim dividend for the Financial Year 2024-25.
Earlier, the company announced that it has secured an order for “Unbranded Rice” amounting to INR 118.30 Million. This marks a significant order for the Company, which has been specializing in agricultural products for the past two years. This fresh order is expected to further enhance its business growth and contribute to the achievement of the company’s long-term goals. The order is anticipated to be completed by March 2025.
Earlier, the company’s board approved a 1:2 sub-division/ split of the equity shares of face value of Rs. 10 to Rs. 5, and fixed January 06, 2025 as record date for stock split.
The company announced stellar earnings for the quarter and half year ended 30 September 2024. For Q2FY25, the company reported its total revenue at INR 3070.86 Lakhs, with PAT reported at INR 204.08 Lakhs. EPS was reported at INR 1.03 per share (~Annualized INR 4).
Earlier, the company announced interim dividend for its shareholders as on record date 01 November 2024.
As a result of the company’s dual focus on marketing and construction/civil works, turnover and profit have seen steady growth. Under the guidance of a seasoned board of directors, the company diligently safeguards its net worth and oversees its operations.
For the year ended 31 March 2024, the company reported its revenues at Rs. 2134.70 Lakhs. In addition to its existing endeavors, the company hopes to expand into real estate development on a large scale. In FY23, a strategic decision was made to diversify into the agriculture sector, leading to the transformation into “Julien Agro Infratech Limited.”
With a comprehensive range of services tailored to its clients’ needs, the company provides a comprehensive range of solutions. It offers cost-effective and innovative solutions in a wide range of fields, including landfilling, leveling, shed foundations, agricultural trade, and road construction.
Committed to environmental, social, and governance (ESG) principles, the company prioritizes sustainability and ethical business practices across all its operations. It actively seeks to minimize its environmental footprint through responsible sourcing, energy efficiency measures, and waste reduction initiatives. Furthermore, the company upholds social responsibility by engaging with local communities, promoting diversity and inclusion in its workforce, and ensuring fair labor practices throughout its supply chain. By integrating ESG considerations into its strategic decision-making processes, the company aims to create long-term value not only for its shareholders but also for society at large.
By fostering transparency, accountability, and good corporate governance practices, the company seeks to instill trust and confidence among its shareholders, thereby strengthening its position as a trusted steward of their investments.
