Neogen Chemicals Q1 FY27 Results: Net Profit ₹17.1 Cr, Up 66.0% YoY
Neogen Chemicals Ltd reported revenue from operations of ₹250.3 Cr (+34.1% YoY) and net profit of ₹17.1 Cr (+66.0% YoY) for Q1 FY27.
- Key figure
- Net profit ₹17.1 Cr · +66.0% YoY
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Neogen Chemicals Ltd reported revenue from operations of ₹250.3 Cr (+34.1% YoY) and net profit of ₹17.1 Cr (+66.0% YoY) for Q1 FY27.
Neogen Chemicals Ltd's MD, Dr. Harin Kanani, has pledged 33,38,250 equity shares with Axis Trustee Services Limited. This pledge creates an encumbrance on promoter holdings.
Neogen Chemicals Ltd increased the coupon rate on its ₹200 Crore NCDs from 10.50% to 11.00% following a credit rating downgrade.
Neogen Chemicals Ltd will hold a board meeting on July 24, 2026, to approve the Q1 FY27 financial results and discuss a potential fundraising proposal.
CRISIL Ratings downgraded credit ratings for Neogen Chemicals Limited and its subsidiary, Neogen Ionics Limited, citing project and insurance claim delays.
Neogen Chemicals received a Rs. 15 Crore insurance payment for its Dahej facility fire. Total claims received reach Rs. 155 Crore against recognized losses.
Neogen Chemicals disclosed the record date and payment date for interest on its listed NCDs. Interest will be paid on July 31, 2026.