Indian Phosphate Limited reported a 132.8% increase in net profit to ₹2,135.43 lakh for the year ended March 31, 2026, driven by strong performance across its Fertilizer and Chemicals segments. Revenue from operations rose 24% to ₹98,611.41 lakh from ₹79,513.30 lakh in the previous year. The Board of Directors approved the audited standalone and consolidated financial results at its meeting held on May 30, 2026.

The company’s standalone financial results for FY26 show a profit before tax of ₹2,961.11 lakh, compared to ₹1,306.14 lakh in the prior year. Total expenses for the year increased to ₹95,719.67 lakh from ₹78,343.47 lakh. Earnings per share (EPS) for the year improved to ₹8.55 from ₹4.14 in the previous year.

Standalone Financial Performance

The standalone results for the half year ended March 31, 2026, reported a net profit of ₹1,370.96 lakh on revenue of ₹53,916.52 lakh. For the corresponding half year in the previous year, the net profit was ₹507.71 lakh on revenue of ₹41,277.41 lakh. The statutory auditors conducted the audit of these financial results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Segment Performance

Indian Phosphate operates across two primary segments: Fertilizer and Chemicals. The Chemicals segment remained the primary revenue driver, contributing ₹86,861.38 lakh in FY26, up from ₹70,936.81 lakh in the previous year. The Fertilizer segment reported revenue of ₹11,684.90 lakh for the year. The unallocated revenue for the year stood at ₹65.13 lakh.

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹2,356.51 lakh for FY26, an increase from the previous year's performance. Total consolidated revenue from operations stood at ₹1,07,233.47 lakh. The profit attributable to the majority shareholders was ₹2,193.08 lakh. The consolidated results include the financials of subsidiaries Adhishaa Phosphate Limited and Shriyam Projects Private Limited.

The auditors, K. L. Vyas & Company, stated that the financial results present a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards. The independent auditor's report confirmed compliance with Regulation 33 of the SEBI Listing Regulations.

Indian Phosphate Limited has appointed M/s Manish Joshi & Associates as its Internal Auditor and M/s M.S. Mehta & Associates as its Cost Auditor for the financial year 2026-27. The Board of Directors approved these appointments at its meeting held on June 30, 2026, ensuring compliance with regulatory requirements for the upcoming fiscal year.

Internal Auditor Appointment

The Board appointed M/s Manish Joshi & Associates, Chartered Accountants (F No. 011631C), as the Internal Auditor. The firm is based at S-216 Amrapali Plaza, Amrapali Circle Vaishali Nagar, Jaipur 302021 Rajasthan.

Cost Auditor Appointment

M/s M.S. Mehta & Associates, Cost Accountants (M. No.: 9185 & FRN: 100459), were appointed as the Cost Auditor. The firm will conduct the audit of cost records and operates from 106, Mehta Chambers Near LIC Building, Delhi Gate Udaipur 313001 Rajasthan.

Auditor Details

These disclosures are pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and will be available on the company's website.