Shiva Global Agro Industries Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing a challenging performance with significant losses reported across both standalone and consolidated operations.

Financial Performance Overview

The company's standalone operations showed a marked deterioration in Q3 FY26 compared to the previous year. Key financial metrics demonstrate the extent of operational challenges faced during the quarter.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the standalone operations reported a net loss of ₹277.18 lakhs compared to a profit of ₹246.46 lakhs in the corresponding period of the previous year. Revenue from operations increased to ₹6,662.75 lakhs from ₹5,512.95 lakhs, showing a positive trend over the longer period.

Consolidated Results

On a consolidated basis, the company reported a net loss of ₹149.36 lakhs for Q3 FY26, with consolidated revenue from operations reaching ₹8,221.76 lakhs. The consolidated results include the performance of subsidiary company Shrinivasa Agro Foods Private Limited.

Segment-wise Performance

The company operates across three business segments: Fertilizers, Solvent, and Other agricultural commodities. The fertilizers segment, which forms the core business, reported revenue of ₹1,175.76 lakhs in Q3 FY26 compared to ₹1,825.07 lakhs in Q3 FY25.

Corporate Developments

The company previously divested its entire shareholding in two subsidiary companies - Shiva-Parvati Poultry Feed Private Limited and Ghatprabha Fertilizers Private Limited - during the previous year. This divestment resulted in an exceptional gain of ₹887.88 lakhs, which significantly impacted the comparative figures for the previous year.

Board Approval and Audit Review

The Board of Directors approved these unaudited financial results in their meeting held on February 09, 2026, which commenced at 04:00 p.m. and concluded at 05:55 p.m. The results were reviewed and recommended by the Audit Committee before board approval. M/s. Falor Jhavar Khatod & Co., the company's statutory auditors, conducted a limited review of these financial results and issued an unmodified report on the same.

Shiva Global Agro Industries has reported a robust financial performance for the first quarter, demonstrating significant growth in revenue and a turnaround in profitability.

Standalone Performance Highlights

The company's standalone revenue from operations surged to ₹35.93 crore, marking a substantial 61% increase from ₹22.35 crore in the corresponding quarter of the previous year. This impressive growth underscores Shiva Global Agro Industries' strong market position and effective business strategies.

The company also witnessed a remarkable improvement in its bottom line, reporting a net profit of ₹2.11 crore for the quarter, compared to a loss of ₹3.36 crore in the same period last year. This turnaround in profitability reflects the company's enhanced operational efficiency and cost management efforts.

Segment-wise Performance

The company's primary business segment, Fertilizers, emerged as the key driver of growth. The Fertilizers segment generated revenue of ₹35.44 crore, contributing significantly to the overall performance. Additionally, the Other agricultural commodities segment reported revenue of ₹49.05 lakh, further diversifying the company's income streams.

Consolidated Results

On a consolidated basis, Shiva Global Agro Industries reported revenue from operations of ₹77.91 crore. While this represents a decrease from ₹92.75 crore in the same quarter last year, it's important to note that the current quarter's results are not directly comparable due to changes in the group structure.

The consolidated net profit attributable to shareholders stood at ₹2.42 crore, a significant improvement from a loss of ₹3.59 crore in the corresponding quarter. This positive shift in profitability at the group level aligns with the standalone performance, indicating a broader recovery across the business.

Financial Position

As of the end of the quarter, Shiva Global Agro Industries maintained a strong financial position. The company's standalone total assets stood at ₹103.42 crore, with the Fertilizers segment accounting for ₹101.62 crore of the asset base. Total liabilities were reported at ₹29.95 crore, primarily associated with the Fertilizers segment.

Management Commentary

Omprakash K. Gilda, Managing Director of Shiva Global Agro Industries Ltd., stated, "We are pleased with our performance in the first quarter. The significant growth in our standalone revenue and the turnaround in profitability demonstrate the resilience of our business model and the effectiveness of our strategic initiatives. We remain committed to delivering value to our shareholders and contributing to the agricultural sector."

The company's Board of Directors approved these unaudited financial results at their meeting. The statutory auditors, M/s. Falor Jhavar Khatod & Co., have carried out a limited review of the financial results and issued an unmodified report.

Shiva Global Agro Industries continues to focus on its core segments of Fertilizers, Solvent, and Other agricultural commodities, positioning itself for sustained growth in the agro-industry sector.