Financial Results - Year Ended March 31, 2026 (₹ in Millions)

Income Statement

  • Revenue from Operations: ₹56,750
  • Other Income: ₹950
  • Total Income: ₹57,700
  • Total Expenses: ₹49,151
  • Cost of Materials Consumed: ₹31,525
  • Purchases of Stock-in-Trade: ₹2,200
  • Changes in Inventories: ₹50
  • Employee Benefits Expense: ₹4,381
  • Finance Costs: ₹198
  • Depreciation and Amortization: ₹940
  • Other Expenses: ₹9,857
  • Profit Before Tax: ₹8,549
  • Tax Expense: ₹1,657
  • Current Tax: ₹1,643
  • Deferred Tax: ₹14
  • Profit for the Year: ₹6,892
  • Other Comprehensive Income: ₹(121)
  • Remeasurement loss of Defined Benefit Plan: ₹(162)
  • Tax on remeasurement: ₹41
  • Total Comprehensive Income: ₹6,771

Quarterly Comparison (₹ in Millions)

| Period | Revenue | Other Income | Total Income | PBT | PAT |

| Q4 FY26 | 11,008 | 466 | 11,474 | 2,064 | 1,621 |

| Q4 FY25 | 10,464 | 371 | 10,835 | 1,679 | 1,433 |

| Q3 FY26 | 11,062 | 159 | 11,221 | 1,130 | 957 |

Balance Sheet Position as at March 31, 2026 (₹ in Millions)

Assets

  • Total Assets: ₹56,994 (vs. ₹52,459 in FY25)
  • Non-Current Assets: ₹7,811
  • Property, Plant and Equipment: ₹4,015
  • Capital work-in-progress: ₹49
  • Investment Property: ₹241
  • Intangible Assets: ₹328
  • Intangible Assets under development: ₹1,225
  • Financial Assets: ₹44
  • Current Tax Asset: ₹1,313
  • Deferred Tax Assets: ₹124
  • Other Non-Current Assets: ₹472
  • Current Assets: ₹49,183
  • Inventories: ₹21,355
  • Financial Assets: ₹12,069 (Investments ₹574, Trade Receivables ₹11,155, Cash ₹14,146, Bank Balances ₹72, Other ₹122)
  • Other Current Assets: ₹1,759

Liabilities and Equity

  • Total Equity: ₹29,657
  • Equity Share Capital: ₹449 (unchanged)
  • Other Equity: ₹29,208
  • Non-Current Liabilities: ₹1,662
  • Lease Liabilities: ₹388
  • Provisions: ₹1,274
  • Current Liabilities: ₹25,675
  • Lease Liabilities: ₹430
  • Trade Payables: ₹12,379 (Micro/Small enterprises: ₹279, Others: ₹12,100)
  • Other Financial Liabilities: ₹1,332
  • Other Current Liabilities: ₹10,470
  • Provisions: ₹1,019
  • Current Tax Liabilities: ₹45

Cash Flow Statement for FY26 (₹ in Millions)

  • Cash from Operating Activities: ₹10,785
  • Cash from Investing Activities: ₹725
  • Cash from Financing Activities: ₹(6,238)
  • Lease repayments: ₹(492)
  • Interest paid: ₹(128)
  • Dividend paid: ₹(5,628)
  • Net increase in Cash: ₹5,272
  • Cash and Equivalents at year-end: ₹14,127
  • Balances with Banks: ₹9,966
  • Short-term highly liquid investments: ₹4,180

Key Notes and Disclosures

1. Business Segment: Single reportable segment - "Agri Care". Business is seasonal in nature.

2. Subsidiaries: No subsidiaries, joint ventures, or associate companies. No requirement for consolidated financial results.

3. New Labour Codes: Implementation effective from November 21, 2025. Incremental impact on employee benefit obligations not material and appropriately accounted for.

4. Quarterly Figures: Q4 FY26 and Q4 FY25 figures are balancing figures between audited full-year results and published year-to-date figures up to nine months ended December 31, 2025 and December 31, 2024 respectively.

5. Dividend: Board recommended final dividend of ₹60 per share for FY26, amounting to ₹2,697 million for 44,942,092 equity shares of ₹10 each.

6. Approval Process: Results reviewed by Audit Committee and approved by Board of Directors on May 26, 2026.

7. Audit Status: Annual results audited by Deloitte Haskins & Sells LLP (ICAI Firm Registration No. 117366W/W-100018) with unmodified opinion. Q4 results subject to limited review.