GNFC reports strong Q2, half-year earnings amid strategic growth

GNFC reported a net profit of ₹177 Crore for the second quarter and ₹255 Crore for the first half of fiscal year 2025-26. The company’s total income from operations for the quarter stood at ₹1,968 Crore, contributing to a half-year total of ₹3,569 Crore. This performance marks a significant year-on-year improvement, driven by increased sales volumes and reduced input costs.

GNFC’s profit before tax for the second quarter was ₹230 Crore, with a half-year profit before tax of ₹335 Crore. Basic and diluted earnings per share were ₹12.04 for the quarter and ₹17.35 for the half-year. The board of directors approved these unaudited financial results on November 12, 2025.

In other developments, the Indian government revised nutrient-based subsidy rates for the Rabi season, increasing the subsidy by ₹872 per metric ton, which is expected to enhance competitiveness and offset rising input costs. Furthermore, the anti-dumping duty on TDI has been extended from December 2025 to March 2026. The company also approved a brownfield Ammonium Nitrate Melt project with a capacity of 163 KTPA.