GSP Crop Science Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a net profit of ₹442.28 million for the quarter. The Board also approved the appointment of Mr. Shail Jayesh Shah as Chief Financial Officer and the relocation of its corporate office. Additionally, Mr. Rajesh Valiya Naduvath retired from his position as Head of International Business and Strategy.
Financial Performance for Q2 FY27
GSP Crop Science Limited has disclosed its unaudited financial results for the quarter and half-year ended September 30, 2026. For the quarter, the company posted a net profit of ₹442.28 million, compared to ₹464.43 million in the same quarter of the previous year. Total income for the quarter stood at ₹6,058.11 million.
For the half-year ended September 30, 2026, the net profit was ₹755.10 million, an increase from ₹707.97 million in the corresponding period of the previous year. Total income for the half-year reached ₹10,402.16 million.
Key Management and Operational Updates
The company’s Board of Directors, following recommendations from the Nomination and Remuneration Committee and Audit Committee, approved the appointment of Mr. Shail Jayesh Shah as the Chief Financial Officer (Key Managerial Personnel), effective November 13, 2026. Mr. Shah currently serves as a Whole-Time Director.
In a significant operational move, the Board has consented to shift the company’s corporate office from its current address to a new location within Ahmedabad, effective December 03, 2026. This relocation is intended for operational and administrative convenience.
Furthermore, Mr. Rajesh Valiya Naduvath, Head of International Business and Strategy, retired from his services on November 13, 2026, ceasing to be a Senior Management Personnel.
IPO Utilisation of Funds
The company has confirmed that there is no deviation or variation in the utilisation of proceeds raised through its Initial Public Issue (IPO) from the objects stated in the Prospectus. The statement of deviation/variation in IPO proceeds has been enclosed as Annexure B.
Board Meeting Details
The Board Meeting, where these outcomes were considered and approved, commenced at 4:45 PM and concluded at 6:00 PM IST on November 13, 2026.
Source: BSE
