Interim report
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CHAMBAL FERTILISERS AND CHEMICALS LIMITED Corporate One, First Floor, 5, Commercial Centre, Jasola, New Delhi - 110 025 • Tel.: 91-11-46581300, 41697900 • Fax: 91-11-40638679 Email : corporate@chambal.in • www.chambalfertilisers.com • CIN: L24124RJ1985PLC003293 Regd. Office : Gadepan, District Kota, Rajasthan -325 208 Tel No.: 91-744-2782915; Fax No : 91-7455-274130 Ref. No.: CFCL/SE/2025-26/31 July 31, 2025 BSE Limited Phiroze Jeejeebhoy Towers 25th Floor, Dalal Street Mumbai - 400 001 National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 Dear Sir, In continuation of our letter dated July 21, 2025, and pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the following: i) Unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2025; and ii) Copies of the Limited Review Reports as submitted by the Auditor of the Company on standalone and consolidated Financial Results. The meeting of the Board of Directors of the Company commenced at 14 :30 Hours IST and concluded at 15:38 Hours IST on July 31, 2025. You are requested to notify your constituents accordingly. Thanking you, Yours faithfully, For Chambal Fertilisers and Chemicals Limited (Tridib Barat) Vice President - Legal & Company Secretary Encl.: As above. (i)
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Price Waterhouse Chartered Accountants LLP Review Report To The Board of Directors Chambal Fertilisers and Chemicals Limited Corporate One, First Floor, 5, Commercial Centre Jasola, New Delhi-110025 1. We have reviewed the standalone unaudited financial results of Chambal Fertilisers and Chemicals Limited (the "Company") for the quarter ended June 30, 2025, which are included in the accompanying 'Statement of Standalone Unaudited Financial Results for the quarter ended June 30, 2025' (the "Statement"). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. The Statement is the responsibility of the Company's management and has been approved by the Board of Directors. Our responsibility is to issue a report on the Statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. 3. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the applicable Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Price Waterhouse Chartered Accountants LLP F1~·rm Regi~ ation Number: 012754N/N500016 S haddha Pa Membership Number: 096137 UDIN: 250~6 l~'f Bill\ 0 (Q 6L& 154 Place: New Delhi Date: July 31, 2025 Price Waterhouse Chartered Accountants LLP, Building No. 8, 8th Floor, Tower - B, DLF Cyber City, Gurugram - 122 002 T: +91 (124) 6169910 Registered office and Head office: 11-A, Vishnu Digamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted inlo Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registration number is 012754N/N500016 (ICAI regi stration number before conversion was 012754N)
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SI. No. I II Ill IV V VI VII vm IX X XI XII Chambal Fertilisers and Chemicals Limited CIN: L24124RJ1985PLC003293 Registered Office: Gadepan , District - Kola (Rajasthan). PIN-325208 Telephone No.: 0744-2782915; Fax: 07455 -274130 E-mail: isc@chambal.in , Website: www.chambalfertilisers .com STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025 (Rs. in Crore) Particulars Quarter Ended Year Ended 30.06.2025 31.03.2025 30.06.2024 31.03.2025 (Unaudited) (Audited) (Unaudited) (Audited) (Refer Note No. 3) Revenue from Operations 5,697.61 2,448.73 4,933.23 16,646.20 Other Income 168.25 55.06 189.89 353 .32 Total Income (1+11) 5,865.86 2,503.79 5,123.12 16,999.52 Expenses (a) Cost of Materials Consumed 1,504.47 1,291.87 1,754.04 6,434.65 (b) Purchases of Stock-in-Trade 2,284.19 1,007.93 973.56 3,426.28 (c) Changes in Inventories of Finished Goods, Stock-in-Trade and Wor1<-in-Progress (90.49) (1,103 .92) 165.27 (544 .83) (d) Employee Benefits Expense 61.61 61 .59 55.97 233.24 (e) Finance Costs 2.43 - 40.21 48.42 (f) Depreciation and Amortization Expense 84.46 81.61 82.24 330.14 (g) Other Expenses 1,176.60 1,027.60 1,232.16 • 4,612.59 Total Expenses (IV) 5,023.27 2,366.68 4,303.45 14,540.49 Profit Before Tax (Ill-IV) 842.59 137.11 819.67 2,459.03 Tax Expense: - Current Tax 227.69 40.72 135.44 454.60 - Tax Related to Earlier Years - - - (0.09) - Deferred Tax (23.07) (3.32) 132.07 347.73 Total Tax Expense (VI) 204.62 37.40 267.51 802.24 Profit for the Period (V-VI) 637.97 99.71 552.16 1,656.79 Other Comprehensive Income (CCI) A. (i) Items that will not be re-classified to Profit or Loss: - Re-measurement Gain / (Loss) on Defined Benefit Plans 0.15 2.91 (0.78) 0.58 (ii) Income Tax (Charge) / Credit relating to items that will not be re-classified to Profit or Loss (0.04) (1.61) 0.25 (0.84) B. (i) Items that will be re-classified to Profit or Loss: - Effective Portion of Exchange Difference (Loss) on Hedging Instruments - - (1.65) (1.65) - Effective Portion of Exchange Difference Loss on Hedging Instruments re-classified to Profit or Loss 54.09 36.79 36.62 146.98 (ii) Income Tax (Charge) relating to items that will be re- classified to Profit or Loss (13.14) (34.48) (11.41) (70.24) CCI for the Period (Net of Tax) (VIII) 41.06 3.61 23.03 74.83 Total Comprehensive Income for the Period (VII + VIII) (Comprising Profit and Other Comprehensive Income for the Period) 679.03 103.32 575.19 1,731.62 Paid up Equity Share Capital (Face Value of Rs.10/- per share) 400.65 400.65 400.65 400.65 Other Equity 8,133.81 Earnings per Equity Share: (i) Basic (Rs.) 15.92 2.49 13.78 41.35 (ii) Diluted (Rs.) 15.92 2.49 13.78 41.35 (Not (Not (Not Annualized) Annualized) Annualized)
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STANDALONE SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES (Rs. in Crore) SI. Particulars Quarter Ended Year Ended No. 30.06.2025 31.03.2025 30.06.2024 31.03.2025 (Unaudited) (Audited) (Unaudited) (Audited) (Refer Note No. 3) 1 Segment Revenue a) Own Manufactured Fertilisers 3,108.50 2,243.14 3,478.42 13,158.68 b) Complex Fertilisers 2,130 .87 166.82 1,111.83 2,561.41 c) Crop Protection Chemicals , Speciality Nutrients and Seeds 458.24 38.77 342.98 926 .11 d) Others - - - - Total (a to d) 5,697.61 2,448.73 4,933.23 16,646 .20 Less: Inter Segment Revenue - - - - Revenue from Operations 5,697.61 2,448.73 4,933.23 16,646.20 2 Segment Results Profit before Finance Costs and Tax from each Segment a) Own Manufactured Fertilisers 461.29 78.99 503.36 1,836.00 b) Complex Fertilisers 142.87 9.34 120.33 173.71 c) Crop Protection Chemicals, Speciality Nutrients and Seeds 96.12 6.19 73.14 213.63 d) Others - - - - Total (a to d) 700.28 94.52 696.83 2,223 .34 Less: i) Finance Costs 2.43 - 40.21 48.42 ii) Unallocable Expenditure Net off Unallocable Income (144.74) (42.59) (163.05) (284.11 ) Profit before Tax 842.59 137.11 819.67 2,459 .03 (Rs. in Crore) SI. Particulars Asat No. 30.06.2025 31.03.2025 30.06.2024 31.03.2025 (Unaudited) (Audited) (Unaudited) {Audited) 1 Segment Assets a) Own Manufactured Fertilisers 7,545.01 7,257.78 8,331.95 7,257.78 b) Complex Fertilisers 2,676.38 1,601.29 1,288.98 1,601 .29 c) Crop Protection Chemicals , Speciality Nutrients and Seeds 407.92 170.47 258.21 170.47 d) Others 996.67 703.98 342.42 703.98 e) Unallocated Assets (Including Fixed Deposits and Investment in Mutual Funds) 1,960.25 1,412.99 957.73 1,412.99 Total Segment Assets (a toe) 13,586.23 11,146.51 11,179.29 11,146.51 2 Segment Liabilities a) Own Manufactured Fertilisers 1,306.66 863.67 1,579.19 863.67 b) Complex Fertilisers 1,269.46 146.45 567.66 146.45 c) Crop Protection Chemicals, Speciality Nutrients and Seeds 154.69 86.47 107.73 86.47 d) Others 78.39 52.89 25.39 52.89 e) Unallocated Liabilities (Including Deferred Tax Liabilities) 1,563.54 1,462.57 1,200.77 1,462.57 Total Segment Liabilities (a toe) 4,372.74 2,612.05 3,480.74 2,612.05 During the quarter ended June 30, 2024, the Company had received an amount of Rs. 92.06 Crore towards additional subsidy from Government of India w.r.t. Complex Fertilisers, pertaining to earlier years. As defined by Ind AS-108 , 'Operating Segments', the chief operating decision maker (CODM) of the Company had identified and determined the business into reportable segments namely (a) Own Manufactured Fertilisers, (b) Complex Fertilisers, (c) Crop Protection Chemicals, Speciality Nutrients and Seeds, and (d) Others including Technical Ammonium Nitrate (TAN).
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Notes: 1. These financial results have been prepared in accordance with the Indian Accounting Standards ("Ind AS") prescribed under Companies (Indian Accounting Standards) Rules, 2015, as amended. 2. The financial results for the quarter ended June 30, 2025 have been prepared on the basis of notified concession prices for urea under New Urea Policy 2015, New Pricing Scheme - Stage Ill, New Investment Policy 2012 (amended), Modified New Pricing Scheme - Stage - Ill and Uniform Freight Policy, which were further adjusted for input price escalation/ de-escalation and energy norms, as estimated on the basis of prescribed norms in line with known policy parameters. The subsidy on Phosphatic and Potassic fertilisers has been accounted for as per concession rates based on Nutrient Based Subsidy Policy and Freight subsidy has been accounted for in line with the applicable policy, notified by the Government of India. 3. The figures of the preceding quarter ended March 31, 2025, were the balancing figures between the audited figures for the full financial year ended March 31, 2025 and the published year to date figures up to third quarter of that financial year. 4. The financial results were reviewed by the Audit Committee and the Board of Directors have approved the financial results at its meeting held on July 31, 2025. The Auditors of the Company have carried out limited review of these financial results. Place: New Delhi Date: July 31, 2025 By order of the Board ~ ,~';r Managing Director DIN: 01588087
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Price Waterhouse Chartered Accountants LLP Review Report To The Board of Directors Chambal Fertilisers and Chemicals Limited Corporate One, First Floor, 5, Commercial Centre, Jasola, New Delhi-110025 1. We have reviewed the consolidated unaudited financial results of Chambal Fertilisers and Chemicals Limited (the "Holding Company"), its subsidiaries (the Holding Company and its subsidiaries hereinafter referred to as the "Group"), and its share of the net profit after tax and total comprehensive income of its joint venture (refer paragraph 4 of the report) for the quarter ended June 30, 2025 which are included in the accompanying 'Statement of Consolidated Unaudited Financial Results for the quarter ended June 30, 2025' (the "Statement"). The Statement is being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initialled by us for identification purposes. 2. This Statement, which is the responsibility of the Holding Company's Management and has been approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting", prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements ('SRE') 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. Price Waterhouse Chartered Accountants LLP, Building No. 8, 8th Floor, Tower - B, DLF Cyber City, Gurugram - 122 002 T: +91 (124) 6169910 Registered office and Head office: 11-A, Vishnu Oigamber Marg, Sucheta Bhawan, New Delhi - 110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Partnership with LLP identity no: LLPIN AAC-5001) with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP , its ICAI registration number is 012754N/N500016 (ICAI registration number before conversion was 012754N)
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4. The Statement includes the results of the following entities: 1. Chambal Fertilisers and Chemicals Limited Subsidiaries and step-down Subsidiaries 2. CFCL Ventures Limited 3. Chambal Infrastructure Ventures Limited 4. ISGN Corporation (dissolved w.e.f Jufo 14, 2025, refer note 3 of the Statement) s. ISG Novasoft Technologies Limited Joint Venture 6. Indo Maroc Phosphore S.A.- IMACID 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review report of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The consolidated unaudited financial results include the Group's share of net profit after tax of Rs. 36.12 Crore and total comprehensive income of Rs. 55-48 Crore for the quarter ended June 30, 2025, in respect of one joint venture. The interim financial information of the said joint venture has been prepared in accordance with International Financial Reporting Standards (IFRS) which have been reviewed by the auditors of the said joint venture under the International Standards on Auditing (ISA) and their review report dated July 21, 2025, vide which they have issued an unmodified conclusion. The Holding Company's Management has converted the interim financial information of the said joint venture from the IFRS to the accounting principles generally accepted in India. We have reviewed these conversion adjustments made by the Holding Company's Management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of the said joint venture is based on the review report of the other auditors and the conversion adjustments prepared by the Holding Company's Management as reviewed by us and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of the above matter.
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7. The consolidated unaudited financial results includes the interim financial information of four subsidiaries which have not been reviewed by their auditors, whose interim financial information reflect total revenue of Rs. Nil, total net profit/ Ooss) after tax of Rs. (0.17) Crore and total comprehensive income/ Ooss) of Rs. (0.42) Crore for therquarter ended June 30, 2025, as considered in the consolidated unaudited financial results. According to the information and explanations given to us by the Management, these interim financial information are not material to the Group. Our conclusion on the Statement is not modified in respect of the above matter. For Price Waterhouse Chartered Accountants LLP F1~·rm Reg;;;ton Number, 012754N/N500016 S haddha Pa Membership Number: 096137 umN: 2soq,,'?>lSv't1 o~e,w, \344 Place: New Delhi Date: July 31, 2025
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SI. No. I II Ill IV V VI VII VIII IX X XI XII XIII XIV xv Chambal Fertilisers and Chemicals Limited CIN: L24124RJ1985PLC003293 Registered Office: Gadepan, District - Kata (Rajasthan), PIN-325208 Telephone No.: 0744-2782915; Fax: 07455 -274130 E-mail: isc@chambal.in , Website: www.chambalfertilisers.com STATEMENT OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2025 (Rs. in Crore) Particulars Quarter Ended Year Ended 30.06.2025 31.03.2025 30.06.2024 31.03.2025 (Unaudited) (Audited) (Unaudited) (Audited) (Refer Note No. 4) Revenue from Operations 5,697.61 2,448.73 4,933.23 16,646.20 Other Income 43.32 55.27 51.15 215.11 Total Income (1+11) 5,740.93 2,504.00 4,984.38 16,861.31 Expenses (a) Cost of Materials Consumed 1,504.47 1,291.87 1,754.04 6,434.65 (b) Purchases of Stock-in-Trade 2,284.19 1,007.93 973.56 3,426.28 (c) Changes in Inventories of Finished Goods, Stock-in-Trade and Work-in-Progress (90.49) (1,103.92) 165.27 (544.83) (d) Employee Benefits Expense 61.61 61.59 55.97 233.24 (e) Finance Costs 2.43 - 40.21 48.42 (f) Depreciation and Amortization Expense 84.46 81.62 82.24 330.15 (g) Other Expenses 1,176.86 1,027.90 1,232.37 4,613.39 Total Expenses (IV) 5,023.53 2,366.99 4,303.66 14,541.30 Profit Before Share of Profit of a Joint Venture and Tax (Ill-IV) 717.40 137.01 680.72 2,320.01 Share of Net Profit of a Joint Venture Accounted for using the Equity Method 36.12 30.71 35.13 131.70 Profit Before Tax (V+VI) 753.52 167.72 715.85 2,451.71 Tax Expense: - Current Tax 227.70 40.73 135.46 454.68 - Tax Related to Earlier Years - - 0.00 (0.09) - Deferred Tax (23.07) (3.32) 132.07 347.73 Total Tax Expense (VIII) 204.63 37.41 267.53 802.32 Profit for the Period (VII-VIII) 548.89 130.31 448.32 1,649.39 Other Comprehensive Income (OCI) A. (i) Items that will not be re-classified to Profit or Loss: - Re-measurement Gain/ (Loss) on Defined Benefit Plans 0.15 2.91 (0.78) 0.58 (ii) Income Tax (Charge)/ Credit relating to items that will not be re-classified to Profit or Loss (0.04) (1.61) 0.25 (0.84) B. (i) Items that will be re-classified to Profit or Loss: - Exchange Difference Gain / (Loss) on translation of Foreign Operations 19.11 56.44 (6.25) 50.23 - Effective Portion of Exchange Difference (Loss) on Hedging Instruments - - (1.65) (1.65) - Effective Portion of Exchange Difference Loss on Hedging Instruments re-classified to Profit or Loss 54.09 36.79 36.62 146.98 (ii) Income Tax (Charge) relating to items that will be re- classified to Profit or Loss (13.14) (34.48) (11.41) (70.24) OCI for the Period (Net of Tax) (X) 60.17 60.05 16.78 125.06 Total Comprehensive Income for the Period (IX + X) (Comprising Profit and Other Comprehensive Income for the Period) 609.06 190.36 465.10 1,774.45 Profit for the Period attributable to: a) Owners of the Parent Company 548.96 130.36 448.36 1,649.51 b) Non-controlling Interest (0.07) (0.05) (0.04) (0.12) Other Comprehensive Income for the Period attributable to: a) Owners of the Parent Company 60.23 60.02 16.78 125.48 b) Non-controlling Interest (0.06) 0.03 0.00 (0.42) Total Comprehensive Income for the Period attributable to: a) Owners of the Parent Company 609.19 190.38 465.14 1,774.99 b) Non-controlling Interest (0.13) (0.02) (0.04) (0.54) Paid up Equity Share Capital {Face Value of Rs.10/- per share) 40Q.65 400.65 400.65 400.65 ' - 1 • ;JCh~ rli,,.,ect o'~ f': ~"'''"~ ~ '-:- f-Ual AAC. 1 ·O<,_,, ! ' ~ '"I" 'w " 5 ' \·~ ~ G ~~--~{\-- - '",I, . ~'-) ""'~ 0 12 7 ,1 t,11N~~ .....,.--.. , ... * a. . " jUUt~r.11'1'
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XVI Other Equity 8,327.37 XVII Earnings per Equity Share: (i) Basic (Rs.) 13.70 3.25 11.19 41 .17 (ii) Diluted (Rs.) 13.70 3.25 11.19 41 .17 (Not (Not (Not Annualized) Annualized) Annualized)
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CONSOLIDATED SEGMENT WISE REVENUE, RESULTS, ASSETS AND LIABILITIES (Rs. In Crore) SI. Particulars Quarter Ended Year Ended No. 30.06.2025 31.03.2025 30.06.2024 31.03.2025 (Unaudited) (Audited) (Unaudited) (Audited) (Refer Note No.4) 1 Segment Revenue a) Own Manufactured Fertilisers 3,108.50 2,243.14 3,478.42 13,158.68 b) Complex Fertilisers 2,130.87 166.82 1,111.83 2,561.41 c) Crop Protection Chemicals, Speciality Nutrients and Seeds 458.24 38.77 342.98 926.11 d) Others - - - - Total (a to d) 5,697.61 2,448.73 4,933.23 16,646.20 Less: Inter Segment Revenue - - - - Revenue from Operations 5,697.61 2,448.73 4,933.23 16,646.20 2 Segment Results Profit before Finance Costs and Tax from each Segment a) Own Manufactured Fertilisers 461.29 78.99 503.36 1,836.00 b) Complex Fertilisers 142.87 9.34 120.33 173.71 c) Crop Protection Chemicals , Speciality Nutrients and Seeds 96.12 6.19 73.14 213.63 d) Others (0.18) (0.09) (0.05) (0.11) Total (a to d) 700.10 94.43 696.78 2,223.23 Less: i) Finance Costs 2.43 - 40.21 48.42 ii) Unallocable Expenditure Net off Unallocable Income (19.73) (42.58) (24.15) (145.20) Add: Share of Net Profit of a Joint Venture Accounted for using the Equity Method 36.12 30.71 35.13 131.70 Profit before Tax 753.52 167.72 715.85 2,451.71 (Rs. in Crore) SI. Particulars As at No. 30.06.2025 31.03.2025 30.06.2024 31.03.2025 1 2 (Unaudited) (Audited) (Unaudited) (Audited) Segment Assets a) Own Manufactured Fertilisers 7,545.01 7,257 .78 8,331.95 7,257.78 b) Complex Fertilisers 2,676.38 1,601.29 1,288.98 1,601 .29 c) Crop Protection Chemicals , Speciality Nutrients and Seeds 407.92 170.47 258.21 170.47 d) Others 1,015.65 723.15 361.52 723.15 e) Unallocated Assets (Including Fixed Deposits and Investment in Mutual Funds) 2,131.75 1,654.02 1,043.90 1,654.02 Total Segment Assets (a toe) 13,776.71 11 ,406.71 11,284.56 11,406.71 Segment Liabilities a) Own Manufactured Fertilisers 1,306.66 863.67 1,579.19 863.67 b) Complex Fertilisers 1,269.46 146.45 567.66 146.45 c) Crop Protection Chemicals , Speciality Nutrients and Seeds 154.69 86.47 107.73 86.47 d) Others 161.30 135.56 106.06 135.56 e) Unallocated Liabilities (Including Deferred Tax Liabilities) 1,563.54 1,462.57 1,200.77 1,462.57 Total Segment Liabilities (a toe) 4,455.65 2,694.72 3,561.41 2,694.72 During the quarter ended June 30, 2024, the Company had received an amount of Rs. 92.06 Crore towards additional subsidy from Government of India w.r.t. Complex Fertilisers, pertaining to earlier years. As defined by Ind AS-108 , 'Operating Segments', the chief operating decision maker (CODM) of the Group had identified and determined the business into reportable segments namely (a) Own Manufactured Fertilisers, (b) Complex Fertilisers , (c) Crop Protection Chemicals , Speciality Nutrients and Seeds, and (d) Others including Technical Ammonium Nitrate (TAN). ~
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Notes: 1. These consolidated financial results have been prepared in accordance with the Indian Accounting Standards ("Ind AS") prescribed under Companies (Indian Accounting Standards) Rules, 2015, as amended. 2. The financial results for the quarter ended June 30, 2025 have been prepared on the basis of notified concession prices for urea under New Urea Policy 2015, New Pricing Scheme - Stage Ill, New Investment Policy 2012 (amended), Modified New Pricing Scheme - Stage - Ill and Uniform Freight Policy, which were further adjusted for input price escalation / de-escalation and energy norms, as estimated on the basis of prescribed norms in line with known policy parameters. The subsidy on Phosphatic and Potassic fertilisers has been accounted for as per concession rates based on Nutrient Based Subsidy Policy and Freight subsidy has been accounted for in line with the applicable policy, notified by the Government of India. 3. ISGN Corporation, United States of America ('USA'), a downstream subsidiary of the Company stands dissolved w.e.f. July 14, 2025, vide its Certificate of Dissolution issued by State of Delaware, USA dated July 14, 2025. 4. The figures of the preceding quarter ended March 31, 2025, were the balancing figures between the audited figures for the full financial year ended March 31, 2025 and the published year to date figures up to third quarter of that financial year. 5. The financial results were reviewed by the Audit Committee and the Board of Directors have approved the financial results at its meeting held on July 31, 2025. The Auditors of the Company have carried out limited review of these financial results. Place: New Delhi Date: July 31, 2025 By order of the Board ~~ Abhay Ba1jal Managing Director DIN: 01588087