Board approves unaudited Q2 and half-year results, statutory auditors issue Limited Review Report
The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026, along with the Limited Review Report of the Statutory Auditors on those results.
By ScoutQuest · · 3 min read
- Standalone Revenue from Operations (Q2)
- ₹ 2,773 crore
- Standalone Profit After Tax (Q2)
- ₹ 185 crore
- Standalone EPS (Q2)
- ₹ 12.59
What the board meeting produced
The Board of Directors approved the Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ended September 30, 2026. The Statutory Auditors issued a Limited Review Report on those results, and a press release on the results was also enclosed with the update. The results are also made available on the company's website.
Standalone results, quarter ended September 30, 2026
- Revenue from operations: 2,773 ₹ crore (quarter ended September 30, 2025: 1,968 ₹ crore)
- Total income: 2,901 ₹ crore (2,095 ₹ crore)
- Profit before tax: 241 ₹ crore (230 ₹ crore)
- Profit for the period after tax: 185 ₹ crore (177 ₹ crore)
- Basic and diluted EPS: 12.59 ₹ each (12.04 ₹)
Standalone results, half year (year to date)
- Revenue from operations: 5,011 ₹ crore
- Total income: 5,240 ₹ crore
- Profit before tax: 657 ₹ crore
- Profit for the period after tax: 495 ₹ crore
- Basic and diluted EPS: 33.67 ₹ each
Consolidated results
For the quarter: revenue from operations 2,773 ₹ crore, total income 2,901 ₹ crore, profit after tax 185 ₹ crore, share of profit of an associate 9 ₹ crore, profit for the period 194 ₹ crore, and basic and diluted EPS of 13.20 ₹.
For the half year: revenue from operations 5,011 ₹ crore, profit for the period 506 ₹ crore, and basic and diluted EPS of 34.42 ₹.
Segment picture, standalone quarter
- Fertilizers: revenue 1,117 ₹ crore, segment result (38) ₹ crore, a segment-level loss
- Chemicals: revenue 1,631 ₹ crore, segment result 177 ₹ crore
- Others: revenue 25 ₹ crore, segment result 12 ₹ crore
- Total segment result 151 ₹ crore, after which finance costs, other unallocable expenditure and unallocable income bring profit before tax to 241 ₹ crore
Segment results are struck before tax and finance cost, so they are not the same as net profit.
Balance sheet and cash flow cues, standalone
- Total assets: 11,937 ₹ crore as at September 30, 2026 (11,225 ₹ crore as at March 31, 2026)
- Total equity: 9,183 ₹ crore; total liabilities: 2,754 ₹ crore
- Net cash flow generated from operating activities: 141 ₹ crore for the six months, against 314 ₹ crore in the same period a year earlier
- Payment for purchase of property, plant and equipment, including capital work in progress and capital advances: 332 ₹ crore
- Dividend paid during the six months: 301 ₹ crore
How a retail reader can use this
This is a results announcement: it tells you how the business performed in the quarter and half year ended September 30, 2026, and it comes with a Limited Review Report from the statutory auditors, which is the standard review applied to unaudited quarterly numbers.
The quarter's standalone revenue from operations is higher than in the same quarter a year earlier, and profit for the period after tax is also higher. At the segment level, Chemicals carries the profit in the quarter while Fertilizers shows a segment-level loss. The half-year cash flow from operations is lower than in the same half a year earlier, even as capital spending and dividend payouts are shown separately in the cash flow statement.
Use the standalone and consolidated sets separately, and remember that EPS is shown for the face value of 10 ₹ per equity share.
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More numbers
- Standalone Revenue from operations, quarter ended Sep 30, 20262,773
- Standalone Total income, quarter ended Sep 30, 20262,901
- Standalone Profit for the period after tax, quarter ended Sep 30, 2026185
- Standalone Basic EPS, quarter ended Sep 30, 202612.59
- Standalone Revenue from operations, half year ended Sep 30, 20265,011
- Standalone Profit for the period after tax, half year ended Sep 30, 2026495
- Consolidated Profit for the period (VII+VIII), quarter ended Sep 30, 2026194
- Consolidated Basic EPS, quarter ended Sep 30, 202613.20
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