Teesta Agro Industries Limited has submitted its related party transactions disclosure for the quarter ended December 31, 2025, to the BSE in compliance with Regulation 23(9) of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The disclosure, filed on January 12, 2026, provides comprehensive details of transactions with related parties during the October-December 2025 period.

Related Party Structure

The company's related party framework encompasses seven key entities, including four key management personnel and two associated companies. The disclosure identifies the relationships and transaction patterns with each related party.

Financial Transactions Overview

The quarterly disclosure reveals total transactions amounting to ₹78.30 lac across various categories including remuneration, contributions, rent receipts, and loan arrangements. The transactions demonstrate the company's operational and financial relationships with its related parties.

Key Management Compensation

The disclosure shows significant compensation arrangements with key management personnel totaling ₹58.54 lac. Mr. Hardev Singh, the Managing Director, received remuneration of ₹30.00 lac, while the Whole Time Directors and CFO received contributions ranging from ₹4.54 lac to ₹12.00 lac each.

Associated Company Transactions

Transactions with associated companies include property rental arrangements and financial facilities. Cama Infra Limited maintains a year-end balance of ₹24.31 lac related to rent receipts, while HSB Leasing Limited shows both outstanding balance of ₹21.11 lac and transaction amount of ₹19.76 lac for hire purchase loan arrangements.

Regulatory Compliance

The filing demonstrates Teesta Agro Industries' commitment to regulatory compliance and transparency in related party dealings. The disclosure follows the prescribed format under accounting standards and provides stakeholders with clear visibility into the company's related party transaction framework for Q3FY26.

Teesta Agro Industries Limited has delivered impressive financial performance in Q3FY26, demonstrating strong operational efficiency and revenue growth in the fertilizer manufacturing sector. The company's latest quarterly results reflect robust business momentum and improved profitability metrics.

Financial Performance Highlights

The company's Q3FY26 results showcase significant improvement across key financial parameters. Net profit surged to ₹295 lakh from ₹188 lakh in the corresponding quarter of the previous year, representing a substantial 57% growth. This strong profitability was supported by revenue expansion and effective cost management strategies.

Nine-Month Performance Analysis

The nine-month period ended 31st December, 2025 further reinforced the company's strong operational performance. Total revenue reached ₹19,361 lakh compared to ₹14,827 lakh in the previous year, marking a notable 30.6% increase. Net profit for the nine-month period stood at ₹510 lakh against ₹308 lakh, reflecting a 65.6% year-on-year growth.

Operational Cost Structure

The company's expense management during Q3FY26 reflected operational discipline across various cost categories. Cost of materials consumed increased to ₹6,003 lakh from ₹4,898 lakh in Q3FY25, primarily due to higher production volumes. Employee costs rose to ₹380 lakh from ₹374 lakh, while finance costs increased to ₹44 lakh from ₹15 lakh in the corresponding previous quarter.

Balance Sheet Position

As of 31st December, 2025, the company maintained a strong financial position with total assets of ₹16,696 lakh compared to ₹19,322 lakh as of 31st March, 2025. The equity base remained stable at ₹12,265 lakh, while current assets stood at ₹10,385 lakh. Trade receivables increased to ₹3,835 lakh from ₹3,067 lakh, indicating business expansion.

Corporate Governance and Compliance

The Board of Directors approved these unaudited standalone financial results in their meeting held on 31st January, 2026. The company's statutory auditors, M/s. Agarwal R G & Associates, conducted a limited review of the financial results as required under Regulation 33 of SEBI (LODR) Regulations, 2015. The auditors provided an unmodified opinion on the annual audited financial results for the financial year ended 31st December, 2025.

The company operates primarily in the fertilizer manufacturing segment, with its registered office and plant located in Mazabari, Rajganj, Jalpaiguri, West Bengal. During the quarter, the company received and resolved three investor complaints, with no complaints remaining unresolved at the quarter end.