Madhya Bharat Agro Products Limited has informed the Exchange regarding Board meeting held on July 11, 2025.
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Madhya Bharat Agro Products Limited (MBAPL), a fertilizer manufacturer based in Bhilwara, Rajasthan, announced the outcome of its board meeting held on July 11, 2025. The board approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations more than doubled to ₹40,968.63 lakhs from ₹20,035.08 lakhs in the same quarter last year, a growth of about 104%. Net profit surged to ₹2,820.62 lakhs from ₹1,148.60 lakhs, a jump of roughly 146% year-on-year. Earnings per share rose to ₹3.22 from ₹1.31. The statutory auditors, M/s Ashok Kanther & Associates, issued an unmodified (clean) limited review report on the results. The company also reaffirmed its CRISIL long-term credit rating of A/Stable.
Strong topline and bottomline growth signals robust business momentum in the fertilizer segment. The clean audit opinion and reaffirmed A/Stable credit rating support investor confidence, though the sharp jump in revenue and profit versus a low base quarter should be noted.