GSP Crop Science Reports Rs 5.37 Crore Net Loss in Q3 FY26
GSP Crop Science reports Rs 5 cr net loss in Q3 FY26
Business Standard
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GSP Crop Science, an agrochemical company in India, reported a consolidated net loss of Rs 5.37 crore for Q3 FY26, a slight improvement from a loss of Rs 5.82 crore in the same quarter last year. Revenue from operations fell by 2% year-on-year to Rs 270.35 crore.
- 01Consolidated net loss of Rs 5.37 crore in Q3 FY26.
- 02Revenue from operations declined by 2% year-on-year.
- 03Pre-tax loss improved to Rs 3.18 crore from Rs 11.04 crore in Q3 FY25.
- 04Nine-month consolidated net profit increased by 27.4% to Rs 77.42 crore.
- 05Total revenue for nine months rose by 13.8% to Rs 1,114.64 crore.
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GSP Crop Science reported a consolidated net loss of Rs 5.37 crore for the third quarter of the fiscal year 2026, an improvement from the Rs 5.82 crore loss recorded in the same quarter last year. The company's revenue from operations decreased by 2% year-on-year, totaling Rs 270.35 crore for the quarter ending December 31, 2025. Notably, GSP Crop Science's pre-tax loss also showed improvement, falling to Rs 3.18 crore from Rs 11.04 crore in Q3 FY25. Exceptional items for the quarter amounted to Rs 4.51 crore. On a broader scale, the company's consolidated net profit for the nine-month period rose by 27.4% to Rs 77.42 crore, driven by a 13.8% increase in total revenue, which reached Rs 1,114.64 crore compared to the same period last year. The company's stock slipped 1.37% to Rs 384.80 on the Bombay Stock Exchange (BSE).
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The company's financial performance may affect its ability to invest in research and development, potentially impacting the availability of innovative agrochemical products for farmers.
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