The Board of Directors of GSP Crop Science Limited, in their meeting held on May 26, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company also recommended a final dividend of Re. 1.00 per equity share (10%) for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. Additionally, the Board appointed Mahajan & Aibara LLP as internal auditors and re-appointed M/s. Dalwadi & Associates as cost auditors for the 2026-27 financial year. Mr. Shail Jayesh Shah will be re-designated as Executive Director – Strategy and Corporate Affairs, and Mr. Pranav Chitre has been appointed as the new Chief Financial Officer, both effective June 1, 2026.
A comparative analysis of the standalone financial results for the quarter ended March 31, 2026, against the previous quarter (December 31, 2025) and the corresponding quarter of the previous year (March 31, 2025) is presented below.
| Particulars | Quarter Ended March 31, 2026 | QoQ Change (%) | YoY Change (%) |
|---|---|---|---|
| Revenue from Operations | 4,293.25 | 55.19% | 30.57% |
| Profit Before Tax | 291.75 | 556.70% | -10.00% |
GSP Crop Science Limited is primarily engaged in the agrochemical business. The company successfully completed its Initial Public Offering (IPO) of 75,00,000 equity shares at an issue price of Rs. 320 per share, with shares listed on the BSE and NSE on March 24, 2026. As of March 31, 2026, the company had utilized Rs. 1,072.64 million of the net IPO proceeds, with a balance of Rs. 1,130.53 million remaining for repayment of borrowings and general corporate purposes. The company also recognized an incremental impact of Rs. 44.41 million in its standalone profit and loss for the year ended March 31, 2026, due to the implementation of new labour codes.
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