Key Financial Figures - Standalone (Rs. in crores)

Quarter Ended June 30, 2026:

  • Total Income: 6,145.82
  • Total Expenses: 5,641.40
  • Profit Before Tax: 526.16
  • Total Tax Expense: 133.62 (comprising Current Tax: 111.74, Income Tax Credit of earlier periods: 21.88, Deferred Tax Charge: 0.00)
  • Profit for the Period: 392.54
  • Other Comprehensive Income: 0.63
  • Total Comprehensive Income: 393.17
  • Basic EPS: Rs. 3.78
  • Diluted EPS: Rs. 3.78
  • Paid-up Equity Share Capital: 1,038.17
  • Other Equity: 5,744.52

Comparative Figures - Quarter Ended March 31, 2026:

  • Total Income: 4,741.81
  • Profit Before Tax: 202.18
  • Profit for the Period: 155.60
  • Basic EPS: Rs. 1.50

Comparative Figures - Quarter Ended June 30, 2025 (Restated):

  • Total Income: 4,537.55
  • Profit Before Tax: 421.87
  • Profit for the Period: 316.75
  • Basic EPS: Rs. 3.05

Key Financial Figures - Consolidated (Rs. in crores)

Quarter Ended June 30, 2026:

  • Total Income: 6,145.82
  • Total Expenses: 5,641.40
  • Profit Before Share of Profit/(Loss) from Equity Accounted Investment, Exceptional Items and Tax: 504.42
  • Share of Loss from Associate: (0.06)
  • Profit Before Exceptional Items and Tax: 504.36
  • Exceptional Item: 21.80
  • Profit Before Tax: 526.16
  • Total Tax Expense: 133.62
  • Profit for the Period: 392.54
  • Total Comprehensive Income: 393.17
  • Basic EPS: Rs. 3.78
  • Diluted EPS: Rs. 3.78

Significant Accounting Treatment

The financial results reflect the Composite Scheme of Arrangement between Paradeep Phosphates Limited (Transferee Company) and Mangalore Chemicals & Fertilizers Limited (Transferor Company) approved by the National Company Law Tribunal (NCLT) Bangalore bench on September 24, 2025 and Cuttack bench on September 26, 2025. The appointed date of the scheme is April 1, 2024.

Despite Ind AS 103 requirements suggesting acquisition accounting from October 16, 2025 (date of filing with ROC), the Company has given effect to the Scheme from the retrospective appointed date of April 1, 2024 as approved by NCLT. Purchase consideration has been allocated on a provisional basis pending determination of fair values of acquired assets and liabilities.

Key financial parameters excluding the Scheme impact for Q1 FY25 were:

  • Revenue: Rs. 3,754.06 crore
  • Profit Before Tax: Rs. 342.34 crore (standalone), Rs. 341.83 crore (consolidated)

Equity shares have been issued to shareholders of the Transferor Company in the agreed exchange ratio, and EPS for comparative periods has been computed considering these shares as outstanding from April 1, 2024.

Exceptional Item

An exceptional item of Rs. 21.80 crore has been recognized in the current quarter due to reassessment of gratuity and leave liability following the notification of four Labour Codes by the Government of India on November 21, 2025 (Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020; and Occupational Safety, Health and Working Conditions Code, 2020).

Review and Approval Process

The meeting commenced at 2:00 PM IST and concluded at 5:00 PM IST on July 28, 2026. The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The Statutory Auditors, BS R & Co. LLP, have issued an unmodified limited review report on both standalone and consolidated financial results.

Segment Information

The Company's operations fall within a single business segment "Fertilisers and Other Trading Materials." No separate segment information is disclosed.

Associate Company

The consolidated results include the Company's share of net loss after tax of Rs. 0.06 crore and total comprehensive loss of Rs. 0.01 crore for the quarter ended June 30, 2026 in respect of its associate, based on unreviewed interim financial information considered not material to the Company.

Notes on Figures

  • Figures for the quarter ended March 31, 2026 are balancing figures between audited full-year figures and published year-to-date figures up to the third quarter of previous financial year
  • EPS for all quarters presented is not annualized
  • Items presented as '0' are below rounding off convention