KRIBHCO announces ₹825 cr profit, 20% dividend
AI Summary
KRIBHCO's strong profit and capacity utilization figures signal robust performance in the fertilizer sector, which is crucial given the rising demand for agricultural inputs in India. The declared dividend reflects the company's commitment to returning value to its cooperative members, which could enhance investor confidence. With subsidiaries expanding into green energy and diverse fertilizer products, KRIBHCO is positioning itself well to capitalize on both domestic and export markets, making it a noteworthy player for investors looking at the agricultural sector.
Krishak Bharati Cooperative Limited (KRIBHCO) has announced profit before tax at ₹824.68 crore for FY 2025–26 and has declared a 20 per cent dividend on the equity capital of its member cooperative societies.
KRIBHCO, which is one of the leading players in fertiliser sector having two urea manufacturing units at Shahjahanpur (Uttar Pradesh) and Surat (Gujarat) with a combined annual capacity of 35 lakh tonne, has also reported its Urea production at 21.34 lakh tonne (lt) and Ammonia production at 12.39 lt, achieving 97.26 per cent and 99.36 per cent capacity utilisation, respectively during FY 2025-26.
Original Article
Published on Hindu BusinessLine
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