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Dhanuka Agritech delivers strong sequential earnings rebound in Q2 FY2026

Dhanuka Agritech Ltd. posted a solid improvement in profitability in the second quarter of FY2026, supported by healthier demand conditions and operational efficiencies across its crop protection portfolio.

For the quarter ended September 30, 2025, the company reported total income of Rs 604.57 crore, marking a 13 per cent QoQ rise from Rs 536.33 crore in Q1 FY26. Profit after tax climbed 69 per cent sequentially to Rs 93.97 crore, while earnings per share increased to Rs 20.85 from Rs 12.31 in the preceding quarter.

On a year-on-year basis, the quarterly figures reflected the impact of uneven pest incidence and softer channel liquidity across agri-input markets. Total income declined 9 per cent YoY from Rs 665.08 crore and net profit reduced 20 per cent YoY from Rs 117.52 crore posted in Q2 FY25. EPS moderated from Rs 25.83 a year earlier.

During the half year ended September 30, 2025, Dhanuka Agritech recorded Rs 1,140.90 crore in total income, compared to Rs 1,165.79 crore in the same period last year. Half-year PAT stood at Rs 149.47 crore, down from Rs 166.41 crore in H1 FY25, with EPS at Rs 33.16 versus Rs 36.56 last year.

The company continues to prioritize differentiated formulations, stronger channel reach, and portfolio optimization ahead of the Rabi season. With a resilient balance sheet and renewed rural momentum, Dhanuka Agritech remains positioned to capitalize on growth opportunities in India’s evolving crop protection landscape.

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