GNFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GNFC reported strong FY2026 results with standalone net profit rising 36% to Rs 797 Crore from Rs 585 Crore in FY2025, driven by a 35% increase in profit before tax to Rs 1,065 Crore. Revenue from operations was Rs 7,773 Crore (down slightly from Rs 7,892 Crore). Basic EPS improved to Rs 54.22 from Rs 39.80. The Board recommended a dividend of Rs 21 per equity share (210% payout) subject to shareholder approval at the AGM. The company also appointed M/s B S R and Co. as the new statutory auditors for a five-year term, replacing M/s Suresh Surana & Associates LLP. Segment-wise, the Chemicals business contributed Rs 913 Crore to profits (vs Rs 665 Crore last year), while the Fertilizers segment remained loss-making at Rs 186 Crore.
The company delivered robust earnings growth with margin expansion, and the 210% dividend payout signals confidence. The change in auditors from Suresh Surana & Associates to B S R and Co. (a larger firm) is a routine transition requiring shareholder approval and should not be viewed negatively.