Shares of Rama Phosphates Ltd surged 8.31% to Rs 170.50 on Tuesday after the company reported a stellar performance in its Q2 FY2025-26 financial results, with a 460% year-on-year (YoY) jump in net profit and strong revenue growth.
The fertilizer and chemical manufacturer posted a net profit of Rs 17.28 crore for the quarter ended September 2025, compared to Rs 3.08 crore in the same period last year. Revenue from operations grew 17.3% YoY to Rs 245.66 crore, driven by improved realisations and operational efficiency.
For the first half of FY26, the company’s net profit rose to Rs 33.32 crore, a sharp increase from Rs 9.87 crore recorded during H1 FY25.
The board also declared a first interim dividend of Rs 0.50 per share, payable on November 25, 2025. Notably, promoters holding 26.53 million shares have waived their right to receive this payout.
In addition, Rama Phosphates announced the approval of an Employee Stock Option Plan (ESOP 2025), allowing up to 9,00,000 options under SEBI guidelines.
The company also secured environmental clearance for its upcoming Greenfield project in Dhule, with trial production expected to commence by Q4 FY26, and extended the lease of its Nimbahera unit for another five years.
At 9:37 AM, shares of Rama Phosphates were trading at Rs 170.50, up Rs 13.08 or 8.31%, marking the stock among the top gainers on the NSE.