Dharmaj Crop Guard Ltd Reports Q3 & 9MFY26 Financials: Revenue Growth of 9% YOY in Q3, 22% YOY in 9M

Dharmaj Crop Guard Ltd, a fast-growing agrochemicals Company, announced its financial results for Q3 & 9MFY26. The company's Q3FY26 Financials showed a revenue of 1,895 million, EBITDA of 73 million, and PAT of 8 million, representing a YoY growth of 9%, 23%, and 35% respectively. The 9MFY26 Financials showed a revenue of 9,042 million, EBITDA of 899 million, and PAT of 507 million, representing a YoY growth of 22%, 27%, and 36% respectively. The company's Formulations business witnessed a softer quarter due to elevated industry & channel inventories and subdued spraying activity, but the Active Ingredients segment remained healthy. Profitability was impacted by a lower sales mix of Formulations and a one-time provision of ¥4.75 million. The company is proceeding with a new CAPEX project at its Formulations facility in Kerala GIDC, Ahmedabad, and remains confident of achieving its revenue growth targets for the full year.