Fertilizers and Chemicals Q2 profits surge 88% despite a fall in top-line growth; stock jumps over 5%

Fertilizers and Chemicals Travancore announced its July to September quarter results for the financial year 2026-27, in which the company recorded an 88% increase in its net profit after tax despite a fall in top-line revenues due to the contraction in its core business during the period.

In its latest exchange filing, Fertilizers and Chemicals recorded an 88.3% rise in its net profit after tax (PAT) to ₹39 crore in the second quarter of FY27, in comparison to ₹21 crore in the corresponding quarter of the previous financial year.

In contrast, the company’s topline revenue from core operations declined 10.1% year-on-year (YoY) to ₹1,464 crore in the September quarter, from ₹1,629 crore in the same period a year earlier.

The decline in revenues is largely due to the company’s contraction of core business income from fertiliser sales in the quarter under review.

NSE data showed that Fertilizers and Chemicals shares surged 5.2% to hit an intraday high of ₹544.60 apiece after the company announced its Q2 earnings report, in comparison to ₹801.90 apiece at the previous equity market close.

The firm announced its Q2 results during the afternoon market hours on November 13.