Unaudited Financial Results for Quarter Ended 30th June 2026

Standalone Financial Results (₹ in Crores):

  • Revenue from Operations: ₹848.81 (Q1 FY26: ₹780.63)
  • Total Income: ₹850.29 (Q1 FY26: ₹798.15)
  • Total Expenses: ₹807.57 (Q1 FY26: ₹708.97)
  • Profit before tax: ₹42.72 (Q1 FY26: ₹89.18)
  • Tax Expense: (₹2.16) benefit (Q1 FY26: ₹30.91 expense)
  • Net Profit after tax: ₹44.88 (Q1 FY26: ₹58.27)
  • Total Comprehensive Income: ₹54.10 (Q1 FY26: ₹64.59)
  • Basic & Diluted EPS: ₹2.20 (Q1 FY26: ₹2.86)

Consolidated Financial Results (₹ in Crores):

  • Revenue from Operations: ₹848.81
  • Total Income: ₹850.29
  • Share of profit from joint ventures and associates: ₹19.90
  • Profit before tax: ₹62.62
  • Net Profit after tax: ₹60.18
  • Total Comprehensive Income: ₹69.32
  • Basic & Diluted EPS: ₹2.96

Operational Highlights:

  • Urea plant operated for 91 days (same as Q1 FY26)
  • Urea production: 1.87 lac MT
  • Urea sales: 1.82 lac MT
  • Fertilizer subsidy of ₹714.83 crores accounted based on provisional Retention Price

Director Appointments

1. Thiru. P Sankar, IAS (DIN: 05125853) appointed as Additional Director (Non-Executive Nominee Director) effective 14th August 2026, subject to shareholder approval at 55th AGM. Currently Agricultural Production Commissioner and Secretary, Agriculture and Farmers Welfare Department, Government of Tamil Nadu.

2. Thiru. Sanket Balvantrao Waghe, IAS (DIN: 11865401) appointed as Additional Director (Non-Executive Nominee Director) effective 14th August 2026, subject to shareholder approval at 55th AGM. Currently Executive Director of Tamilnadu Industrial Development Corporation Limited.

3. Mr. T K Arun (DIN: 02163427) re-appointed as Independent Director for second term effective 11th November 2026, subject to shareholder approval at 55th AGM. Former Senior General Manager and Secretary of TIDCO.

All directors have declared they are not disqualified or debarred from appointment.

Annual General Meeting and Dividend

  • 55th Annual General Meeting scheduled for Monday, 28th September 2026 at 2:00 PM IST through Video Conferencing
  • Record Date for dividend entitlement: Monday, 21st September 2026
  • Dividend recommended: ₹2.00 per equity share of ₹10 each for FY 2025-26
  • Register of Members closed from 22nd to 28th September 2026
  • Cut-off date for e-voting: 21st September 2026

Accounting and Tax Treatments

  • Company exercised option for lower tax rate under section 200 of Income Tax Act 2025
  • Re-measured opening balance of Deferred Tax Liabilities (net) as at 01 April 2026, resulting in tax credit of ₹12.92 crores
  • Impact of newly notified Labour Codes assessed as not material and appropriately accounted for in previous year
  • Land lease for manufacturing unit expired on 12th June 2020; renewal request filed with Government of Tamil Nadu

Auditor Review

MSKA & Associates LLP provided limited review reports for both standalone and consolidated financial results, stating nothing came to their attention suggesting material misstatement.

Board Meeting Details

Meeting commenced at 2:00 PM IST and concluded at 4:20 PM IST on 14th August 2026.