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India's National Fertilizers Q2 revenue at INR 58.1 bln

By Reuters News


Overview

  • India fertilizer producer reported Q2 consolidated revenue of INR 58.1 bln

  • Q2 consolidated net profit was INR 61.2 mln

  • Results are unaudited and were approved by the board on Nov 11, 2026


Outlook

  • Company did not provide specific guidance or outlook for future quarters or the full year in the press release


Result Drivers

  • SUBSIDY INCOME RECOGNITION - Co recognized subsidy income based on operational guidelines from the Department of Fertilizers

  • REVENUE RECOGNITION FOR NEW ENERGY NORMS - Co recognized revenue as subsidy income for fixation of New Energy Norms (NEN) for the period starting April 2025

  • JOINT-VENTURE PROFIT – Q2 consolidated profit before tax included an INR 205 mln share of joint-venture profit, versus an INR 256 mln loss a year earlier


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Consol Revenue from OPS

INR 58.14 bln

Q2 Consol Net Profit

INR 61.20 mln


Reuters Recommended Reads

  • Nov 11 - Indian cabinet clears $6.65 billion fertiliser subsidy for winter season

  • Nov 10 - Israel's ICL Group Q3 sales, net income rise on diversified portfolio

  • Nov 10 - K+S tops third-quarter core earnings estimates on higher prices, early de-icing salt sales


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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