Paradeep Phosphates has announced its audited financial results for the year ended March 31, 2026, showcasing robust growth. The company reported a consolidated net profit of ₹996.35 crore for the fiscal year. In addition to the strong performance, the Board of Directors has recommended a dividend of ₹1.50 per equity share of face value ₹10 each, subject to approval by shareholders at the upcoming Annual General Meeting.
Financial Performance Highlights
For the financial year ended March 31, 2026, the company achieved a total consolidated income of ₹21,972.92 crore. The consolidated profit for the year stood at ₹996.35 crore, marking a significant performance milestone. These results include the impact of a Composite Scheme of Arrangement, which was finalized following approvals from the National Company Law Tribunal (NCLT), with an appointed date of April 1, 2024.
Dividend Recommendation
Recognizing the company’s solid financial health and commitment to delivering value, the Board of Directors has recommended a dividend of ₹1.50 per equity share for the financial year ended March 31, 2026. This dividend payout is subject to the necessary approval from shareholders at the company’s ensuing Annual General Meeting.
Strategic Leadership Update
The company also confirmed the re-appointment of Mrs. Rita Menon as an Independent Director for a second term of three years. Her re-appointment is effective from June 27, 2026, subject to shareholder approval. Mrs. Menon brings extensive experience from her background as a former Indian Administrative Service (IAS) officer, providing significant governance expertise and policy perspective to the Board.
Operational Outlook
The company continues to operate within the ‘Fertilisers and Other Trading Materials’ business segment. Management remains focused on navigating regulatory changes, including the assessment of the four new Labour Codes, and has accounted for these impacts as an exceptional item in the FY 2025-26 financial results.
Source: BSE