Paradeep Phosphates Q3 FY26: Revenue Rises 15%, EBITDA at ₹503 Crore

03 February 2026, Bengaluru: Paradeep Phosphates Ltd announced its financial results for the third quarter and nine months ended 31 December 2025.

For Q3 FY26, revenue from operations stood at ₹5,749 crore, registering a 15% year-on-year increase. EBITDA for the quarter was ₹503 crore, up 5% YoY. Profit before tax was reported at ₹233 crore, while profit after tax stood at ₹182 crore.

For the nine-month period ended December 2025, revenue from operations increased 34% YoY to ₹17,124 crore. EBITDA rose 45% YoY to ₹1,817 crore, while profit after tax increased 71% YoY to ₹841 crore.

On the operational front, production volumes during Q3 FY26 increased 13% YoY to 10.00 lakh tonnes, while sales volumes reached 10.70 lakh tonnes. For the nine-month period, production volumes stood at 28.60 lakh tonnes, up 15.4% YoY, and sales volumes reached 33.66 lakh tonnes, reflecting a 16.9% YoY increase.

Growth during the period was led by value-added products. NPK sales increased 30% YoY in the nine-month period to 17.51 lakh tonnes, while TSP sales rose 107% year-on-year to 2.43 lakh tonnes on a year-to-date basis.

Despite volatility in global raw material prices, availability challenges, and currency fluctuations, the company reported stable margins, supported by supply chain efficiencies, sourcing optimisation, and operational measures.

Commenting on the results, N. Suresh Krishnan, Managing Director & CEO, said the company’s performance during Q3 and 9M FY26 reflected operational stability amid global uncertainty. He noted that the company continues to focus on farmer-centric product offerings, balanced fertilisation, and strengthening last-mile delivery through digital interventions.

He further stated that the phosphoric acid capacity expansion at Paradeep from 0.5 MMTPA to 0.7 MMTPA (Phase 1) is underway. The expanded capacity is expected to support phosphoric acid requirements at the company’s Goa and Mangalore units, aligning with its long-term objective of backward integration. In addition, the company is evaluating debottlenecking opportunities at Paradeep to increase granulation capacity from 1.8 MMTPA to 2.0 MMTPA.

The company’s long-term credit rating has been upgraded to AA (Stable), which is expected to support optimisation of financing costs for planned capital expenditure.

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