pls find the transcript of concall held on 25/05/2026

GSFC reported strong Q4 FY26 performance with highest ever quarterly sales of INR 2,622 crores and fertilizer sales of INR 1,985 crores. Full year standalone sales grew 15% to INR 10,827 crores with PAT up 14% to INR 652 crores. The company achieved highest fertilizer production in 5 years at 17.59 lakh MT and fertilizer sales volume increased 12%. The industrial products segment delivered its highest annual profitability in 4 years at INR 200 crores. Management flagged ongoing geopolitical pressures causing raw material price volatility for ammonia, sulfur and sulfuric acid, but noted that government has revised nutrient-based subsidy rates upward by 10% for H1 FY27 to protect kharif supply. The DAP train at Sikka is being retrofitted to produce either DAP or ammonium phosphate sulphate, expected by July-August 2026. Caprolactam-benzene spreads have recovered to over $800 per MT.