BASF India reports lower sales, profit amid challenging environment

BASF India Limited reported consolidated sales of INR 7900 crores for the six months ending September 30, 2025, marking a 4% decrease compared to the previous year. Quarterly sales for the current three-month period were down 5%, primarily due to a 7% reduction in price realization, despite a 2% increase in volumes. Profit before tax (PBT) for the quarter fell by 16% and by 27% for the half-year, impacted by higher input costs and an unfavorable product mix.

The company noted a significant reduction in accounts payable by INR 750 crores, bringing the net working capital to INR 2500 crores. The nutrition and care segment was highlighted as a strong performer, with profits nearly doubling from INR 14 crores to INR 27 crores for the six-month period, driven by increases in both volume (up 8%) and prices (up 4%). Conversely, the materials segment saw sales decline by INR 400 crores, largely due to lower monomer volumes.

BASF India also confirmed the ongoing demerger of its agricultural solutions business, with a new entity, BSF Agricultural Solutions India Limited, incorporated. The global transaction for the coatings business, involving a 40% equity stake for BASF and 60% for Carlyle, is expected to close by Q2 2026.