Nagarjuna Fertilizers delays Q1 FY27 results due to financial constraints

Nagarjuna Fertilizers and Chemicals Ltd has announced a delay in submitting its Un-audited Financial Results for the quarter ended June 30, 2026. The company cites severe financial constraints stemming from over two years of delays in subsidy and energy claim processing by central and state governments. These constraints have led to defaults in salary and vendor payments, resulting in the loss of access to SAP systems since May 05, 2026, hindering the preparation of financial results. The company aims to submit the results by August 30, 2026.