Paradeep Phosphates Limited announced its Unaudited Financial Results for the quarter ended September 30, 2026. Revenue from operations saw a 7% YoY increase to ₹7,364 crore. However, EBITDA declined by 38% YoY to ₹431 crore, PBT fell by 65% YoY to ₹164 crore, and PAT stood at ₹122 crore, a 64% decrease YoY. The company also noted progress on its Phos Acid expansion project.
Paradeep Phosphates Ltd Announces Q2 FY27 Financial Results
Paradeep Phosphates Ltd (PPL), a prominent Indian fertilizer company, has released its unaudited financial results for the second quarter (Q2) and half year (H1) ended September 30, 2026. The announcement, dated November 02, 2026, provides key financial highlights and operational updates.
Q2 FY27 Performance Highlights
In Q2 FY27, Paradeep Phosphates reported a 7% year-on-year increase in revenue from operations, reaching ₹7,364 crore. Despite the revenue growth, profitability metrics showed a significant decline. EBITDA reduced by 38% YoY to ₹431 crore. Profit Before Tax (PBT) saw a 65% YoY drop to ₹164 crore. Consequently, Profit After Tax (PAT) for the quarter stood at ₹122 crore, marking a 64% decrease YoY.
Half-Yearly Performance (H1 FY27)
For the first half of FY27, the company achieved a turnover of ₹13,488 crore, representing a 19% increase. EBIDTA for H1 FY27 was ₹1173 crore. The company noted that despite global uncertainties, particularly regarding sulphur pricing and availability, it delivered an EBITDA per ton of INR 5866 for H1, compared to INR 5719 in H1 FY26. Sales volume reached 1 million tons in Q2 FY27 and 2 million tons in H1 FY27, even amidst a subdued monsoon season.
Operational Updates and Expansion Plans
Paradeep Phosphates continues to invest in expansion projects. Its key expansion project, the Phos Acid expansion (Phase 1) at Paradeep, aimed at increasing capacity from 500,000 MTPA to 700,000 MTPA, is reported to be on track. The company has completed the public hearing for the environmental approval for this capex program and anticipates receiving approvals shortly.
Furthermore, an energy efficiency improvement project at Goa has been completed, optimizing energy consumption by 0.3 GCcal/MT of Urea.
Company Outlook
Looking ahead, PPL expects global uncertainty to persist. The company remains committed to delivering consistent performance through an integrated supply chain and product mix optimization. Paradeep Phosphates Limited is recognized as one of India’s largest phosphatic fertilizer companies, with an annual capacity of 3.7 million MT across its facilities in Paradeep, Goa, and Mangalore. The company produces DAP, various NPK grades, and Urea under its trusted brands, Jai Kisaan Navratna and Jai Kisaan Mangala.
Source: BSE
