Punjab Chemicals reports Q3 results; Avtar Singh resigns from directorship
Punjab Chemicals & Crop Protection Limited has announced its unaudited financial results for the quarter ended June 30, 2026, alongside news of the resignation of a non-executive director. The company reported figures for both standalone and consolidated operations, while Mr. Avtar Singh tendered his resignation from the board due to personal commitments.The Board of Directors of Punjab Chemicals & Crop Protection Limited reviewed and approved the results following the meeting held on July 31, 2026.
Financial Performance Snapshot (Quarter Ended June 30, 2026)
The company, which operates in the "Performance Chemicals" segment, saw specific performance indicators across its consolidated and standalone entities. A summary of the Q3 results is provided below:
| Metric | Standalone (Rs. in Lakh) | Consolidated (Rs. in Lakh) |
|---|---|---|
| Total Income | 68 | 34,792 |
| Profit before tax | 3,014 | 3,006 |
| Net Profit for the period | 2,215 | 2,207 |
| Total Comprehensive Income | 2,231 | 2,317 |
The Unaudited Standalone Statement of Financial Results also detailed expenses and income components. For example, the company recorded 19,985 lakh in cost of materials consumed across both the quarter ended June 30, 2026, and the previous audited quarter ending March 31, 2026.
Director Resignation
The Board Meeting also addressed the resignation of Mr. Avtar Singh (DIN: 00063569) from his position as Non-Executive Non-Independent Director. The change is effective from the close of business hours on July 31, 2026. Mr. Singh indicated that his departure was due to personal commitments and preoccupation.
The company has stated that the results were subjected to a Limited Review by Statutory Auditors.
PUNJABCHEM Stock Price Movement
Shares of Punjab Chemicals & Crop Protection Limited are trending up, climbing to ₹1232.6 as of 1:28 PM today and posting a 2.24% gain in live trading. The equity saw robust activity during the session, registering a traded volume of 20,203 shares.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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