Financial Results - Consolidated (Q1 FY26)
The Board approved unaudited consolidated financial results for the quarter ended June 30, 2026:
- Total Income: ₹28,493.75 lakhs
- Revenue from Operations: ₹28,006.64 lakhs
- Other Income: ₹487.11 lakhs
- Profit Before Tax: ₹2,292.65 lakhs
- Net Profit for the period: ₹2,292.65 lakhs
- Total Comprehensive Income: ₹2,284.79 lakhs
- Basic EPS: ₹7.09
- Diluted EPS: ₹6.93
Comparative figures:
- Q1 FY25 Net Profit: ₹2,095.68 lakhs (11% YoY increase)
- Q4 FY26 Net Profit: ₹1,286.54 lakhs
- FY26 Annual Net Profit: ₹7,009.76 lakhs
Financial Results - Standalone (Q1 FY26)
The Board approved unaudited standalone financial results for the quarter ended June 30, 2026:
- Total Income: ₹16,152.17 lakhs
- Revenue from Operations: ₹15,740.99 lakhs
- Other Income: ₹411.18 lakhs
- Profit Before Tax: ₹1,692.69 lakhs
- Net Profit for the period: ₹1,211.95 lakhs
- Total Comprehensive Income: ₹1,212.94 lakhs
- Basic EPS: ₹3.75
- Diluted EPS: ₹3.66
Director Changes
Resignation: Mr. Ramakant Madhav Nayak (DIN:00129854) resigned as Non-Executive and Non-Independent Director effective August 13, 2026, due to advancing age.
Appointment: Mr. Raghav Punit Makharia (DIN:10470968) appointed as Additional (Non-Executive and Non-Independent) Director effective August 13, 2026. His appointment will be recommended to shareholders at the ensuing AGM. Mr. Makharia is son of Mr. Punit Gopikishan Makharia (Chairman & MD) and nephew of Mr. Gautam Gopikishan Makharia (Joint MD).
Auditor Changes
Retirement: M/s. S. K. Patodia & Associates, Chartered Accountants (Firm Registration No. 112723W) will retire upon completion of their second term of 5 consecutive years at the ensuing 33rd AGM.
New Appointment Recommended: M/s JASS & CO LLP, Chartered Accountants (Firm Registration Number W100280) recommended for appointment as Statutory Auditors for 5 consecutive years from conclusion of 33rd AGM until conclusion of 38th AGM in 2031.
Cost Auditor Appointment
Mr. Dilip M. Bathija, Cost Accountant (Membership Number 10904) appointed as Cost Auditor for FY2026-2027, subject to remuneration ratification at ensuing AGM.
Annual General Meeting and Record Date
- 33rd AGM Date: Monday, 28th September, 2026 at 3:00 PM IST through Video Conferencing
- Book Closure: Saturday, 19th September 2026 to Monday, 28th September 2026
- Record Date: Friday, 18th September 2026 for determining eligibility for Final Dividend for FY2025-26
- Scrutinizer: Mr. Sanam Umbargikar, Partner of M/s DSM & Associates appointed
Other Corporate Matters
- The company issued 7,36,195 Fully Convertible Warrants to Mr. Gautam Gopikishan Makharia on 27th December 2025 at ₹407.50 each
- 25% amount received, balance 75% to be paid within 18 months from allotment date
- Scheme of amalgamation pending between Madhya Bharat Phosphate Private Limited and Kisan Phosphates Private Limited before NCLT Mumbai Bench
Board Meeting Details
Meeting held on August 12, 2026 from 4:00 PM to 6:00 PM