GSP Crop Science Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, during a board meeting held on April 11, 2026. The company also approved a significant asset transaction involving the sale of industrial land to a promoter group company.

Q3FY26 Financial Performance

The company reported consolidated revenue from operations of ₹2,703.50 million for Q3FY26, compared to ₹2,759.38 million in the corresponding quarter of the previous year. For the nine-month period, consolidated revenue reached ₹11,146.41 million, representing growth from ₹9,793.94 million in the same period last year.

The company recorded a consolidated net loss of ₹59.93 million for Q3FY26, showing improvement from the ₹62.36 million loss in Q3FY25. However, for the nine-month period, the company achieved a consolidated net profit of ₹750.72 million compared to ₹596.33 million in the previous year.

Major Asset Sale Transaction

The board approved the sale of industrial land measuring 66,740.60 square meters to Indo GSP Chemicals Private Limited, a promoter group company, for a consideration of ₹2,365 lakhs. The company stated that this transaction enables efficient monetization of an unutilized asset while retaining adequate land for future expansion.

Exceptional Items and New Labour Codes Impact

The financial results include exceptional items of ₹45.12 million for both consolidated and ₹44.41 million for standalone results. This impact stems from the implementation of New Labour Codes effective November 21, 2025, which consolidated 29 existing labour regulations into four codes, resulting in increased provision for employee benefits due to recognition of past service costs.

IPO Proceeds and Regulatory Compliance

Subsequent to the quarter ended December 31, 2025, GSP Crop Science completed its Initial Public Offering of 75,00,000 equity shares at ₹320 per share, with listing on NSE and BSE on March 24, 2026. The company received ₹2,400.00 million in escrow account from the fresh issue proceeds.

The board meeting, which commenced at 4:25 PM and concluded at 5:30 PM, was conducted in compliance with SEBI regulations. Company Secretary Kamleshbhai D Patel signed the formal communication to stock exchanges, maintaining the company's commitment to regulatory transparency and corporate governance standards.

GSP Crop Science Limited has fulfilled its quarterly regulatory compliance requirements by submitting a certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited on April 07, 2026.

Regulatory Compliance Details

The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the company's Registrar and Share Transfer Agent. The document, dated April 02, 2026, addresses the requirements under Regulation 74(5) of the Securities and Exchange Board of India regulations.

Share Holding Status

The certificate confirms that Regulation 74(5) is not applicable to GSP Crop Science Limited during Q4FY26. This determination is based on two key factors: the entire shareholding of the company remains in demat form, and no requests for rematerialisation were received from any shareholders during the quarter.

MUFG Intime India Private Limited, through Senior Vice President – Corporate Registry Ashok Shetty, certified that all shares continue to be held in electronic format. The absence of rematerialisation requests indicates that shareholders are maintaining their holdings in digital form, which aligns with modern market practices and regulatory preferences.

Corporate Compliance Framework

The submission was signed by Kamleshbhai D Patel, Company Secretary & Compliance Officer (M. No. FCS 8018), demonstrating the company's adherence to corporate governance standards. The digital signature was applied on April 07, 2026, ensuring the authenticity and timeliness of the regulatory filing.

This quarterly compliance certificate represents part of GSP Crop Science Limited's ongoing regulatory obligations as a listed entity on both BSE (Scrip Code: 544733) and NSE (Trading Symbol: GSPCROP). The company's consistent maintenance of demat shareholding reflects efficient share transfer processes and investor preference for electronic holdings.