GSP Crop Science has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a net profit attributable to equity holders of ₹442.28 crore for the quarter and ₹755.10 crore for the half-year. The results were reviewed by the Audit Committee and approved by the Board of Directors. Key decisions from the board meeting included the appointment of a new Chief Financial Officer and the approval of a scheme of arrangement for merger with its subsidiaries.
GSP Crop Science Announces Q3 2026 Financials
GSP Crop Science Limited has officially released its unaudited financial results for the quarter and half-year ended September 30, 2026. The company reported a total income of ₹6,058.11 million for the quarter, with a net profit of ₹442.28 million (approximately ₹442.28 crore) for the period. For the half-year ended September 30, 2026, the total income stood at ₹10,402.16 million, resulting in a net profit of ₹755.10 million (approximately ₹755.10 crore).
Key Board Decisions
During the board meeting held on November 13, 2026, the Directors considered and approved the unaudited financial results along with the Limited Review Reports. A significant decision was the approval of the appointment of Mr. Shail Jayesh Shah as the Chief Financial Officer (Key Managerial Personnel) of the Company, effective November 13, 2026, in addition to his existing role as Whole-Time Director. The board also approved a scheme of arrangement to merge its wholly-owned subsidiaries, Rajdhani Petrochemicals Private Limited and GSP Intermediates Private Limited, with GSP Crop Science Limited, subject to regulatory approvals.
Operational Updates
The company confirmed that there has been no deviation or variation in the utilization of proceeds raised through its Initial Public Issue (IPO) from the objects stated in the prospectus. Furthermore, the corporate office of the Company is set to be shifted from its current address at 404, Lalita Complex, Navrangpura, Ahmedabad to a new location at A-201, B-202, C-203, B23 Corporate Park, Near ISCON Cross Roads, S.G. Highway, Sanidhya, Ahmedabad, with effect from December 03, 2026. Mr. Rajesh Valiya Naduvath, Head of International Business and Strategy, retired from the company’s services on November 13, 2026.
Financial Highlights (Standalone)
Revenue from operations for the quarter ended September 30, 2026, was ₹5,992.49 million, with other income at ₹65.62 million, bringing the total income to ₹6,058.11 million. Total expenses amounted to ₹5,466.68 million, leading to a profit before tax of ₹591.43 million. The tax expense for the quarter was ₹149.15 million, resulting in a net profit of ₹442.28 million. For the half-year ended September 30, 2026, revenue from operations was ₹10,234.54 million, and the net profit was ₹755.10 million. The basic and diluted earnings per share for the quarter were ₹9.51.
Source: BSE
