Fertiliser company Indian Potash Ltd (IPL), on Tuesday, announced record Profit Before Tax (PBT) of ₹1,776.38 crore for FY25, a jump of 71 per cent while its turnover reached ₹21,933.58 crore.
IPL, which is also into sugar, ethanol, dairy and cattle feed business, has also announced a record dividend of 200 per cent as recommended by its Board. It is the highest dividend payout in the company’s history, the statement said.
“We are thrilled to announce our highest-ever profit and dividend payout. This achievement is a testament to our team’s hard work, strategic decisions and our commitment to delivering long-term value to our shareholders,” said Pankaj Kumar Bansal, chairman of IPL and also an additional secretary in the ministry of cooperation.
In IPL, cooperative fertiliser major IFFCO has the largest share of nearly 34 per cent, followed by Gujarat State Co-operative Marketing Federation with 10.45 per cent. Other shareholders include: National Cooperative Development Corporation (NCDC), Madras Fertilisers, State Cooperative Marketing Federations of Madhya Pradesh, Punjab, Tamil Nadu, Odisha and Kerala.