Indogulf Cropsciences Approves FY and Quarterly Results, Appoints Key Auditors
Indogulf Cropsciences Limited announced the approval of its audited financial results for the quarter and financial year ended March 31, 2026. During the Board meeting held on May 28, 2026, the company also finalized the appointments of its Secretarial, Cost, and Internal Auditors for the upcoming fiscal year.The company, which operates in the manufacturing and distribution of Agro-chemicals and has one business segment comprising Technical & Formulation, presented its detailed financial statements, including comprehensive results for the quarter and the year ended March 31, 2026.
Financial Results and Performance
The audited standalone and consolidated financial results were approved by the Board of Directors. The company also released audited statements for its cash flow activities, detailing performance for the year ended March 31, 2026.The following table summarizes key figures from the Standalone Financial Results (All amounts are in INR Millions):
| Metric | Mar 31, 2026 Audited | Mar 31, 2025 Audited |
|---|---|---|
| Revenue from operations | 1,354.98 | 1,229.18 |
| Other income | 22.45 | 21.06 |
| Total expenses | 1,385.04 | 1,129.97 |
| Profit before tax | - | 149.58 |
| Total comprehensive income for the period (net of tax) | N/A | 2,322.40 |
Similarly, the consolidated financial results, approved for the quarter and year ended March 31, 2026, showed consolidated revenue from operations of 1,508.18 INR Millions for the audited period.
The Statement of Audited Standalone Assets and Liabilities as at March 31, 2026, showed Total assets at 8,131.25 INR Millions, compared to 6,820.48 INR Millions as at March 31, 2025.
Audit and Professional Appointments
At the Board meeting, the following appointments and approvals were formalized:Secretarial Audit:
The Board of Directors recommended the appointment of M/s NJ & Associates, Practicing Company Secretaries, as Secretarial Auditors for a term of 5 consecutive years, commencing from the financial year 2026-27.
Cost Audit:
M/s Jain Sharma & Associates, Cost Auditors, were appointed to conduct the Cost Audit for the fiscal year 2026-27, effective May 28, 2026.
Internal Audit:
M/s T Jain and Associates, Chartered Accountants, were appointed as Internal Auditors of the company for the fiscal year 2026-27.
These details are summarized in the following table:
| Service | Auditor Firm | Appointment Period/Effective Date |
|---|---|---|
| Secretarial Audit | M/s NJ & Associates | 5 consecutive years, starting FY 2026-27 |
| Cost Audit | M/s Jain Sharma & Associates | FY 2026-27 (from May 28, 2026) |
| Internal Audit | M/s T Jain and Associates | FY 2026-27 (from May 28, 2026) |
Financial Highlights (Year Ended March 31, 2026)
The company's financial activities were also outlined through its audited consolidated cash flow statement for the year ended March 31, 2026.The statement details the following cash flow activities:
| Cash Flow Category | Value (INR Millions) |
|---|---|
| Net Profit before tax | 530.78 |
| Operating Profit Before Working Capital Changes | 791.55 |
| Net Cash Flow from Operating Activities | (407.19) |
| Net Cash Flow used in Investing Activities | (284.22) |
| Net Cash Flow generated from Financing Activities | 1,436.93 |
| Net increase in Cash and Cash Equivalents | 26.27 |
As of March 31, 2026, the company's total cash and cash equivalents were 123.12 INR Millions.
IGCL Stock Price Movement
On Wednesday, Indogulf Cropsciences Limited shares edged higher, settling at ₹62.74, which represented a 0.38% gain. The stock displayed notable intraday movement, trading between a low of ₹62.17 and a high of ₹63.88, with a total volume of 84,592 shares recorded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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