Paradeep Phosphates Limited (PPL) announced the re-appointment of Mr. N Suresh Krishnan as Managing Director and the appointment of Mr. K K Rajeev Nambiar as Joint Managing Director. The board also approved unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2025, showing continued growth and robust performance.
Leadership Appointments
The Board of Directors has approved the re-appointment of Mr. N Suresh Krishnan as Managing Director for three years, effective February 16, 2026, pending shareholder approval. The board also appointed Mr. K K Rajeev Nambiar as Joint Managing Director for three years, effective April 1, 2026, also subject to shareholder approval.
Financial Performance (Q3 2026)
PPL’s unaudited standalone financial results for the quarter ending December 31, 2025, show a strong financial position. Key highlights include:
- Revenue from operations: ₹5,748.67 crores
- Total Income: ₹5,779.65 crores
- Profit before tax: ₹233.37 crores
- Profit for the period: ₹182.05 crores
Financial Performance (9 Months Ended Dec 2025)
The company’s performance over the nine months reflects sustained profitability and operational efficiency:
- Revenue from operations: ₹17,124.37 crores
- Total Income: ₹17,231.11 crores
- Profit before tax: ₹1,126.27 crores
- Profit for the period: ₹841.24 crores
Consolidated Financial Results
The unaudited consolidated results for Q3 2026 and the nine-month period ending December 31, 2025, mirror the positive trend seen in the standalone figures.
- Revenue from operations (Q3 2026): ₹5,748.67 crores
- Total Income (Q3 2026): ₹5,779.65 crores
- Profit after Tax (Q3 2026): ₹182.06 crores
Business Updates
The company successfully completed the acquisition of certain assets from Zuari Agro Chemicals. The acquisition has been accounted for on a provisional basis, pending determination of the fair value of the acquired assets and liabilities. Also worth noting is the impact of recent labor code changes, which are disclosed as exceptional items in the reporting period.
Source: BSE