BN Agrochem Q1 FY27 Income Rises 294% Year on Year

Q1 FY27 income announcement

BN Agrochem Ltd. reported standalone total income of Rs 60.98 crore for the first quarter of FY27. The company said this represented year-on-year growth of 293.87% from Rs 15.48 crore in Q1 FY26. Total income was, however, 24.09% lower on a sequential basis than Rs 80.33 crore reported for Q4 FY26. The quarterly disclosure places the income movement alongside a substantially higher consolidated revenue base built during FY26. BN Agrochem operates in the edible oils segment, where income can vary with procurement, processing and sales conditions. The supplied results do not provide a detailed explanation for the year-on-year increase or the quarter-on-quarter decline. Therefore, the reported movements should be viewed as financial results rather than evidence of a stated operational change.

Standalone and consolidated figures differ

Investors should distinguish between the standalone Q1 FY27 announcement and the consolidated FY26 data. The Q1 FY27 total income figure of Rs 60.98 crore is presented as a standalone financial highlight. The FY26 annual figures, by contrast, are consolidated and include the company’s consolidated operations. Comparing figures prepared on different reporting bases can lead to incorrect conclusions about growth or profitability. The source also presents quarterly data in crore and audited-results data in lakh. All absolute figures in this report have been converted to crore for consistent comparison. One crore equals 100 lakh.

FY26 consolidated income more than doubled

BN Agrochem reported consolidated total income of Rs 873.66 crore for FY26, compared with Rs 367.22 crore in FY25. This amounts to year-on-year growth of 137.91%, as reported in the company’s results summary. Revenue from operations was Rs 873.28 crore in FY26, while other income was Rs 0.36 crore. In FY25, revenue from operations was Rs 299.41 crore and other income was Rs 67.82 crore. The composition of income is therefore important when comparing the two years. FY25 included a materially larger other-income contribution than FY26.

Fourth-quarter FY26 income and revenue

For Q4 FY26, consolidated total income stood at Rs 261.72 crore. This was 30.29% above Rs 200.88 crore in Q3 FY26, according to the supplied audited-results summary. It was 5.05% below Rs 275.63 crore reported in Q4 FY25. Revenue from operations in Q4 FY26 was Rs 261.36 crore, while other income was Rs 0.37 crore. Q4 FY25 included revenue from operations of Rs 214.19 crore and other income of Rs 61.44 crore. The large other-income item in the year-earlier quarter affects the comparison of total income.

Quarterly profit remained uneven

The quarterly data shows that profitability did not move in a straight line through FY25 and FY26. Profit after tax was Rs 0.20 crore in June 2025 and Rs 0.18 crore in September 2025. It then moved to a loss of Rs 0.07 crore in December 2025 before returning to profit of Rs 0.03 crore in March 2026 and June 2026. Profit before tax was Rs 0.05 crore in June 2026, compared with Rs 0.04 crore in March 2026. The source separately states that profit before tax was Rs 5.22 crore in Q2 FY26, with a year-on-year decline of 77.48% and quarter-on-quarter increase of 34.19%. As these references use differently labelled periods and presentations, investors should rely on the company’s filed financial statements for period-by-period reconciliation.

Key reported financial data

Annual profitability indicators

The consolidated annual income statement summary reported sales of Rs 873 crore for FY26, against Rs 299 crore in FY25. Expenses were stated at Rs 851 crore in FY26 and Rs 292 crore in FY25. Operating profit was Rs 22 crore for FY26, compared with Rs 7 crore in FY25, while operating profit margin was shown at 2.5% in both years. Net profit was reported at Rs 34 crore for FY26, up from Rs 20 crore in FY25. Earnings per share were Rs 3.52 in FY26 and Rs 2.02 in FY25. The trailing-12-month summary showed sales of Rs 927 crore, operating profit of negative Rs 5 crore and net profit of Rs 17 crore.

Auditor opinion and financial reporting

The auditor’s report on the consolidated and standalone financial results for the quarter and year ended March 31, 2026 carried an unmodified opinion. An unmodified opinion means the auditor did not modify its conclusion on the financial statements covered by the report. It does not itself indicate a view on future earnings, share-price performance or operating conditions. The financial statements remain the primary source for assessing revenue, expenses, taxes and profit. The available data also shows tax effects that can influence the reported profit after tax in particular quarters and years.

Corporate action calendar

BN Agrochem’s corporate-action list included a stock split meeting date of September 28, 2026. The available information does not state the split ratio or implementation details. Earlier listed dates include the audited-results announcement on May 29, 2026 and a quarterly-results date of August 11, 2026. Corporate actions and financial announcements are separate events, and the supplied data does not link the stock split to the earnings outcome. Shareholders would need to refer to the relevant exchange filing for the final terms of the split.

What the results mean for investors

The reported figures show a sharp expansion in FY26 consolidated income from the prior year, followed by a standalone Q1 FY27 total-income figure lower than Q4 FY26. They also show narrow operating margins and uneven quarterly profit after tax in the supplied quarterly series. The distinction between consolidated and standalone reporting is central when reviewing the data. The size of other income in FY25 and Q4 FY25 is another relevant comparison factor. The next formal financial disclosures and any exchange communication on the stock split will provide the confirmed updates investors can track.