Key Financial Results - Standalone

Quarter Ended June 30, 2026 (Unaudited)

  • Revenue from operations: ₹699.32 crore
  • Other income: ₹11.37 crore
  • Total income: ₹710.69 crore
  • Total expenses: ₹728.12 crore
  • Loss before exceptional items and tax: ₹(17.43) crore
  • Exceptional items: Nil
  • Loss before tax: ₹(17.43) crore
  • Total tax expense: ₹(3.49) crore (deferred tax benefit)
  • Net loss for the quarter: ₹(13.94) crore
  • Other comprehensive income (net of tax): ₹(0.60) crore
  • Total comprehensive income: ₹(14.54) crore
  • Basic EPS: ₹(0.19)
  • Diluted EPS: ₹(0.19)

Comparative Standalone Performance

  • Q1 FY26 (Jun 2025): Net profit of ₹7.06 crore on revenue of ₹919.17 crore
  • Q4 FY26 (Mar 2026): Net profit of ₹11.28 crore on revenue of ₹1,003.15 crore
  • Full Year FY26: Net profit of ₹24.03 crore on revenue of ₹3,533.29 crore

Key Financial Results - Consolidated

Quarter Ended June 30, 2026 (Unaudited)

  • Revenue from operations: ₹1,508.37 crore
  • Other income: ₹9.95 crore
  • Total income: ₹1,518.32 crore
  • Total expenses: ₹1,528.35 crore
  • Loss before tax & share in net profit of associate and joint venture: ₹(10.03) crore
  • Share of profit/(loss) in associate and joint venture: ₹0.30 crore
  • Loss before exceptional items and tax: ₹(9.73) crore
  • Exceptional items: Nil
  • Loss before tax: ₹(9.73) crore
  • Total tax expense: ₹8.07 crore
  • Net loss for the quarter: ₹(17.80) crore
  • Other comprehensive income (net of tax): ₹(3.26) crore
  • Total comprehensive income: ₹(21.06) crore
  • Profit attributable to owners of equity: ₹(14.93) crore
  • Profit attributable to non-controlling interest: ₹(2.87) crore
  • Basic EPS: ₹(0.20)
  • Diluted EPS: ₹(0.20)

Comparative Consolidated Performance

  • Q1 FY26 (Jun 2025): Net profit of ₹11.19 crore on revenue of ₹1,545.65 crore
  • Q4 FY26 (Mar 2026): Net loss of ₹(19.04) crore on revenue of ₹1,823.97 crore
  • Full Year FY26: Net loss of ₹(39.99) crore on revenue of ₹6,399.52 crore

Segment-wise Performance - Standalone

Revenue from Operations

  • Hi-tech Agri Input Products: ₹450.79 crore
  • Plastic Division: ₹248.53 crore
  • Total: ₹699.32 crore

Segment Result

  • Hi-tech Agri Input Products: ₹27.04 crore profit
  • Plastic Division: ₹13.91 crore profit
  • Total segment result: ₹40.95 crore profit

Segment Assets (as of June 30, 2026)

  • Hi-tech Agri Input Products Division: ₹3,918.59 crore
  • Plastic Division: ₹1,360.27 crore
  • Un-allocable: ₹3,375.14 crore
  • Total assets: ₹8,654.00 crore

Segment-wise Performance - Consolidated

Revenue from Operations

  • Hi-tech Agri Input Products: ₹450.79 crore
  • Plastic Division: ₹509.85 crore
  • Agro Processing Division: ₹547.73 crore
  • Total: ₹1,508.37 crore

Segment Result

  • Hi-tech Agri Input Products: ₹25.89 crore profit
  • Plastic Division: ₹43.08 crore profit
  • Agro Processing Division: ₹22.13 crore profit
  • Total segment result: ₹91.10 crore profit

Segment Assets (as of June 30, 2026)

  • Hi-tech Agri Input Products Division: ₹4,987.35 crore
  • Plastic Division: ₹2,047.65 crore
  • Agro Processing Division: ₹3,333.57 crore
  • Un-allocable: ₹1,929.82 crore
  • Total assets: ₹12,298.39 crore

Key Notes and Explanations

Finance Costs

  • Includes non-cash transaction being unwinding of 0.01% NCDs/ECBs as per effective interest rate of ₹20.93 crore for Q1 FY27
  • Previous quarters: ₹20.32 crore (Q4 FY26) and ₹19.31 crore (Q1 FY26)
  • Full year FY26: ₹83.61 crore

Other Expenses

  • Includes foreign exchange gain of ₹2.21 crore for Q1 FY27
  • Previous quarters: ₹29.55 crore (Q4 FY26) and ₹2.35 crore (Q1 FY26)
  • Full year FY26: ₹22.92 crore

Exceptional Items (Historical)

  • FY26 included ₹20.72 crore due to impact of new labour codes effective from November 21, 2025
  • Consolidated FY26 exceptional items included additional amounts: ₹23.97 crore for labour codes, ₹14.91 crore for goodwill de-recognition, and ₹16.45 crore for plant equipment shutdown

Quarterly Figures Methodology

  • Figures for quarter ended March 31, 2026 are balancing figures between audited full year and unaudited published year-to-date figures up to December 31, 2025

Auditor's Review

  • Independent review report issued by Singhi & Co., Chartered Accountants
  • Unmodified and unqualified opinion on both standalone and consolidated financial results
  • Review conducted in accordance with Standard on Review Engagements (SRE) 2410
  • Consolidated results include 32 subsidiaries/associates/joint ventures across multiple countries
  • 27 subsidiaries reviewed by other auditors, representing revenue of ₹758.89 crore for the quarter
  • 1 step down subsidiary not reviewed by auditor (revenue ₹3.47 crore)
  • Associate and joint venture results based on unaudited financial statements

Capital Structure

  • Paid-up equity share capital: ₹146.78 crore (face value ₹2 per share)
  • Other equity excluding revaluation reserve: ₹5,011.51 crore (as per balance sheet)