Paradeep Phosphates Ltd reported Q3 FY26 consolidated revenue of ₹57.48 billion, up 15% year-on-year, while net profit fell 13% to ₹1.82 billion due to higher expenses and margin pressures. The board also re-appointed N Suresh Krishnan as Managing Director for three years, ensuring leadership continuity amid expansion plans.
Paradeep Phosphates Limited, one of India’s leading fertilizer producers, announced its December quarter (Q3 FY26) results, reflecting strong revenue growth but a decline in profitability. Alongside financials, the company confirmed the re-appointment of N Suresh Krishnan as Managing Director for three years, reinforcing stability in leadership.
Notable Updates
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Revenue from operations: ₹57.48 billion, up 15% YoY from ₹49.89 billion.
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Net profit (PAT): ₹1.82 billion, down 13% YoY from ₹2.09 billion.
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EBITDA: ₹4.72 billion, up 7.7% YoY, though margins narrowed to 8.2% from 8.8%.
Major Takeaways
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Profit decline driven by higher raw material costs and operating expenses.
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Production volumes rose 13% YoY to 1 million tonnes, with sales volumes at 1.07 million tonnes.
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Board also appointed K K Rajeev Nambiar as Joint Managing Director for three years (effective April 1, 2026).
Important Points
Leadership continuity ensures strategic focus on expansion, including phosphoric acid capacity growth.
Despite margin pressures, Paradeep Phosphates delivered double-digit revenue growth, supported by strong demand for fertilizers.
Analysts highlight that profitability recovery will depend on cost optimization and global raw material price stability.
Sources: Business Standard, PTI, CNBC-TV18, ScanX News, SEBI Filings