Paradeep Phosphates has announced its audited financial results for the year ended March 31, 2026. The company reported a significant increase in annual profit to ₹996.84 crore compared to ₹662.85 crore in the previous year. Alongside the positive earnings, the Board has recommended a dividend of ₹1.50 per equity share of ₹10 each for the financial year, subject to shareholder approval at the upcoming Annual General Meeting.
Annual Financial Performance
For the financial year ended March 31, 2026, Paradeep Phosphates demonstrated robust growth. The company achieved a total annual revenue of ₹21,972.92 crore, an increase from ₹17,106.69 crore in the previous fiscal year. Net profit for the period rose to ₹996.84 crore, reflecting a strong operational performance despite challenging market conditions.
Strategic Developments and Restructuring
The company successfully completed a Composite Scheme of Arrangement involving the merger of Mangalore Chemicals and Fertilizers Limited, with an appointed date of April 1, 2024. This strategic consolidation has been fully integrated into the financial results, providing a broader operational scale. Furthermore, the company successfully acquired the granulated single super phosphate plant situated at Mahad, Maharashtra, further strengthening its production capacity.
Dividend and Governance
Recognizing the company’s performance, the Board of Directors has recommended a final dividend payout of ₹1.50 per equity share (face value of ₹10). This payout remains subject to the approval of shareholders at the ensuing Annual General Meeting. Additionally, the Board has approved the reappointment of Mrs. Rita Menon as an Independent Director for a second term of three years, effective June 27, 2026, citing her extensive expertise in public policy and governance.
Operational Outlook
Management highlighted that all operations remain focused on the ‘Fertilisers and Other Trading Materials’ segment. While the company recorded exceptional items related to the implementation of new Labour Codes notified by the Government of India in late 2025, the overall financial health remains stable with a focus on continuing operational efficiency and long-term sustainable growth.
Source: BSE
