Paradeep Phosphates has announced its financial performance for the year ended March 31, 2026. The company reported a significant increase in annual net profit, reaching Rs. 996.84 crore, compared to Rs. 662.85 crore in the previous year. Alongside these results, the Board of Directors has recommended a dividend of Rs. 1.50 per equity share, subject to shareholder approval, reflecting the company’s solid operational progress and continued commitment to delivering value to its investors.
Financial Performance Highlights
For the fiscal year ended March 31, 2026, Paradeep Phosphates demonstrated strong growth. The company achieved a total annual income of Rs. 21,972.92 crore, a notable increase from the Rs. 17,106.69 crore recorded in the previous financial year. Annual profit for the period climbed to Rs. 996.84 crore, highlighting robust performance amid evolving market conditions.
Strategic Dividend Declaration
Reflecting the company’s strong financial standing, the Board of Directors has recommended a dividend payout of Rs. 1.50 per equity share (face value of Rs. 10 each) for the financial year ended March 31, 2026. This recommendation is subject to the approval of shareholders at the upcoming Annual General Meeting.
Corporate Governance and Leadership
In addition to financial results, the company announced the re-appointment of Mrs. Rita Menon as an Independent Director. Her second term of three years is set to commence on June 27, 2026, subject to approval from shareholders. Mrs. Menon brings extensive experience from her background in the Indian Administrative Service (IAS) and her leadership roles across critical sectors of the Government of India, further strengthening the company’s governance framework.
Operational Context
The company noted the impact of its Composite Scheme of Arrangement, which integrated operations retrospectively from April 1, 2024. Management continues to monitor the financial impact of new regulatory labor codes notified in November 2025, treating incremental adjustments as an ‘Exceptional item’ in the current financial report. Paradeep Phosphates remains focused on its single business segment of ‘Fertilisers and Other Trading Materials’ to drive future growth.
Source: BSE
