Dhanuka Agritech Battles Profit Slump Amid Weak Agrochemical Demand

Dhanuka Agritech Ltd announced a significant drop in its net profit for the third quarter of the 2025-26 fiscal year, with a 27.27% decrease resulting in Rs 40 crore from Rs 55.04 crore during this period last year. This decline arises from reduced sales and weak agrochemical demand.

The company experienced a total income drop to Rs 418.04 crore, compared to Rs 452.28 crore a year prior. Expenses were slightly reduced to Rs 368.30 crore from the previous Rs 384.30 crore. The company's Chairman, M K Dhanuka, attributed the slump to adverse weather conditions and lowered crop prices, which have discouraged farmer spending on high-value products.

Demand deterioration was notably severe in South and West India, while the East and North regions maintained a stable position. Prolonged rainfall and diminished commodity realizations prompted Indian farmers to delay purchases, resulting in lower sales of crop protection products domestically.