The Exchange had sought clarification from Agro Phos India Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Segment details not submitted The response of the Company is enclosed.
AGROPHOS · price
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Awaiting price reaction for this filing.
Agro Phos India submitted its response to NSE's queries on the audited financial results for the quarter and year ended March 31, 2025. The Exchange had flagged two issues: (1) machine-readable form/legible copy of results not submitted, and (2) segment details not furnished. The company clarified that segment reporting is not applicable as it operates only in fertilizer manufacturing and trading, which is a single reportable and geographical segment. Along with this clarification, the company filed its audited results showing a strong turnaround: consolidated revenue from operations rose to ₹11,987.88 lakhs in FY25 from ₹10,381.95 lakhs in FY24, and the company swung to a consolidated profit after tax of ₹503.78 lakhs versus a loss of ₹767.78 lakhs in the previous year. Basic EPS for FY25 stood at ₹2.48 versus (₹3.79) earlier. The company also disclosed a voluntary change in accounting policy for recognizing SSP subsidy (now recognized when control of goods transfers to buyer instead of when sold to end-user through the IMFS system), with restated comparatives.
This is largely a procedural clarification with results already filed earlier. The underlying numbers show a clear year-on-year turnaround from a loss to a profit, which is positive for shareholders. The accounting policy change slightly distorts year-on-year comparability but is a one-time restatement. No material negative signal for the stock price.