Fertiliser major IFFCO (Indian Farmers Fertiliser Cooperative Ltd) posted a robust financial performance in fiscal year 2024–25, recording a 16% increase in net profit to ₹2,823 crore, compared to ₹2,443 crore in the previous year. Turnover also rose by 4.5% to ₹41,244 crore, up from ₹39,474 crore in FY24.
IFFCO’s Chairman Dileep Sanghani highlighted that the cooperative has registered pre-tax profits exceeding ₹3,000 crore for three consecutive years, underscoring sustained operational strength.
Nano Fertilisers Drive Growth, But Below Expectations
Managing Director U.S. Awasthi said the growth was led by increased adoption of both conventional and nano fertilisers, especially nano liquid urea and nano liquid DAP. Nano fertiliser sales surged by 46% year-on-year, reaching 364.41 lakh bottles (500 ml each), compared to 249.45 lakh bottles in FY24.
However, Awasthi admitted that the volume growth fell short of expectations, and said efforts are being intensified to create greater farmer awareness about nano fertilisers, which are effective when applied correctly.
Rs 2,500 Cr Invested in Nano Push; New Products on Horizon
IFFCO has so far invested ₹2,500 crore in nano fertiliser initiatives, including ₹1,700 crore in setting up manufacturing plants. The cooperative has also begun deploying drones for efficient nano fertiliser spraying.
Read Also: IFFCO Begins Commercial Production of Nano Liquid DAP at Two New Plants in UP
In addition to existing offerings, IFFCO has launched nano-liquid zinc and copper (in 100 ml bottles priced at ₹200 each), and plans to introduce nano NPK fertilisers in granular form for basal soil application.
Awasthi emphasized the long-term benefits of nano products on soil health and crop productivity, and reaffirmed IFFCO’s commitment to social and environmental goals, even if it comes at a financial cost.
Production and Sales: Conventional Fertilisers Remain Stable
IFFCO’s total fertiliser production rose to 93.10 lakh tonnes in FY25 from 88.95 lakh tonnes in FY24. Total fertiliser sales also grew slightly to 113.78 lakh tonnes, up from 111.73 lakh tonnes.
Sales of traditional fertilisers like urea and DAP remained relatively flat–
- Urea: 67.32 lakh tonnes (same as previous year)
- DAP: 25.62 lakh tonnes (minor change)
Cooperative Rewards Members, Expands Global Reach
IFFCO, backed by over 35,600 cooperative societies, declared a 20% dividend on paid-up share capital for its members. The cooperative also continues to receive a positive international response, particularly from Brazil and the United States, for its nano fertiliser products.
With 10 plants across India and abroad, IFFCO remains a key player in the nation’s fertiliser sector, pushing for sustainable agriculture through innovation and cooperative growth.
About IFFCO
IFFCO, or Indian Farmers Fertiliser Cooperative Limited, is a cooperative society established in 1967 to manufacture and market fertilizers in India. It’s a global company focused on enhancing farmer livelihoods and supporting sustainable agriculture. IFFCO’s goals include ensuring farmers’ growth, enabling their holistic development, and measuring profits with social responsibilities.
