Bhaskar Agrochemicals Reports Q3FY26 Results, Declares Interim Dividend of Rs. 1 Per Share

Bhaskar Agrochemicals Limited announced its unaudited financial results for the quarter ended December 31, 2025, along with the declaration of an interim dividend for shareholders. The Board of Directors approved these results at their meeting held on February 13, 2026.

Financial Performance for Q3FY26

The company delivered a strong financial performance in the third quarter of FY2026. Revenue from operations reached Rs. 2,968.91 lakhs, representing a significant increase from Rs. 2,430.10 lakhs in the corresponding quarter of the previous year. Net profit for the quarter stood at Rs. 234.43 lakhs, marking substantial growth compared to Rs. 177.08 lakhs in Q3FY25.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Bhaskar Agrochemicals demonstrated robust growth across key financial parameters. The company achieved revenue from operations of Rs. 9,334.08 lakhs compared to Rs. 6,819.43 lakhs in the corresponding period of the previous year. Net profit for the nine-month period reached Rs. 541.10 lakhs, substantially higher than Rs. 316.20 lakhs in the previous year.

Interim Dividend Declaration and Record Date

The Board of Directors declared an interim dividend of Rs. 1 per equity share, representing 10% of the face value of Rs. 10 each, for the financial year 2025-26. The company has officially confirmed Thursday, February 19, 2026 as the record date for determining eligible shareholders through its filing with BSE Limited under Regulation 42. The company will make dividend payments exclusively through electronic modes as mandated by SEBI regulations, with no physical instruments being issued.

Operational Highlights and Expenses

The company's cost structure showed mixed trends during the quarter. Cost of materials consumed increased to Rs. 2,002.78 lakhs from Rs. 1,580.33 lakhs in the previous year's corresponding quarter. Employee benefit expenses rose to Rs. 334.26 lakhs compared to Rs. 213.01 lakhs in Q3FY25. However, the company benefited from a favorable inventory adjustment of Rs. 207.50 lakhs during the quarter.

The company recognized an exceptional item of Rs. 39.54 lakhs during the quarter, representing provision for past service cost on gratuity payable to employees following the implementation of new labor codes notified by the Government of India in November 2025.

Business Outlook and Compliance

Bhaskar Agrochemicals operates primarily in the agrochemicals sector, which the management recognizes as its sole business segment. The company noted that due to the seasonal nature of its business, financial results tend to vary from quarter to quarter. The financial results have been prepared in accordance with Indian Accounting Standards and have undergone limited review by the company's statutory auditors. The dividend record date communication was signed by P. Praveen Kumar, Joint Managing Director & CFO.