BN Agrochem Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company's Board of Directors approved these results during their meeting held on February 13, 2026, conducted through video conferencing from 02:45 P.M. to 03:18 P.M.

Standalone Financial Performance

The company's standalone operations demonstrated steady performance during the quarter. The financial metrics show consistent revenue generation with improved profitability compared to the previous year's corresponding period.

The standalone results reflect a turnaround from the loss of ₹501.73 lacs in Q3 FY25 to a profit of ₹74.76 lacs in Q3 FY26. The nine-month performance shows significant improvement with net profit of ₹1,891.88 lacs compared to a loss of ₹975.06 lacs in the corresponding previous period.

Consolidated Financial Performance

The consolidated results present a comprehensive view of the group's performance, including subsidiaries across different geographies.

The consolidated revenue from operations showed substantial growth from ₹8,521.77 lacs in Q3 FY25 to ₹19,211.90 lacs in Q3 FY26. Despite the quarterly loss, the nine-month consolidated performance remained strong with net profit of ₹3,122.30 lacs.

Cost Structure and Expenses

The company's expense management reflects operational efficiency improvements. On a standalone basis, total expenses for Q3 FY26 were ₹6,778.73 lacs compared to ₹417.98 lacs in Q3 FY25. The major expense components included:

• Cost of material consumed and project costs: ₹6,583.63 lacs
• Finance costs: ₹46.29 lacs (reduced from ₹293.14 lacs in Q3 FY25)
• Employee benefits: ₹36.21 lacs
• Other expenses: ₹112.52 lacs

Capital Structure and Equity

The company maintains a robust capital structure with paid-up equity share capital of ₹9,777.29 lacs (face value ₹10 each) on standalone basis. Other equity stands at ₹22,499.57 lacs as of December 31, 2025. The consolidated paid-up equity capital is ₹8,777.29 lacs with other equity of ₹34,463.84 lacs.

Regulatory Compliance and Audit

The financial results have been reviewed by the Audit Committee and received an unmodified opinion from statutory auditors JSMG & Associates. The company received 2 investor complaints during the third quarter ended December 31, 2025, with one complaint remaining outstanding as of the quarter end. The results are available on the company's website ( www.bn-holdings.com ) and BSE Limited's website ( www.bseindia.com ).

BN Agrochem Limited , a key player in the agro-commodity sector, has announced significant changes in its leadership and addressed regulatory concerns in its recent board meeting.

New Chairman Appointed

The company's Board of Directors has approved the appointment of Mr. Anubhav Agarwal as the Chairman of the Board for a five-year term, effective November 13, 2025. Mr. Agarwal, currently serving as a Non-Executive Director, brings a wealth of experience to his new role.

Mr. Agarwal holds a master's degree in business administration from a premier business school and has played a vital role in developing residential and commercial establishments in Agra. His passion for the food and agro-processing business led him, along with his father, to establish BN AGRITECH. Under his leadership, driven by exceptional business acumen and administrative skills, the company has reached its current stature in the industry.

Regulatory Compliance and Financial Penalty

In a separate development, BN Agrochem has received a fine of INR 1,04,000 (exclusive of GST) from the Bombay Stock Exchange (BSE). The penalty was imposed for alleged non-submission of the Annual Report within the prescribed period under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

However, the company has contested this fine, asserting that it had duly submitted the Annual Report within the stipulated timeline on September 06, 2025. BN Agrochem claims to have provided the direct link to the Annual Report on the BSE portal as required.

The company has made a representation to BSE Limited, requesting a waiver or removal of the fine. As of now, the response from BSE regarding this submission is pending.

Financial Performance

While the company faces regulatory challenges, its financial performance shows resilience. As per the unaudited consolidated financial results for the quarter ended September 30, 2025:

The company has shown a significant turnaround in profitability compared to the same quarter in the previous year, with a net profit after tax of INR 1,795.58 lacs in Q2 2025, as opposed to a loss of INR 884.50 lacs in Q2 2024.

These developments highlight BN Agrochem's efforts to strengthen its leadership and maintain regulatory compliance while focusing on financial growth. The company's response to the BSE fine and its future interactions with the regulatory body will be crucial in maintaining investor confidence and corporate governance standards.