Agrochemical firm NACL Industries sees Q2 profit slump after one-time expense hit

NACL Industries Ltd reported a significant drop in net profit for Q2 FY26, falling to ₹2.55 crore from ₹14.9 crore a year ago, due to a one-time expense of ₹17.45 crore following its board’s decision to discontinue certain products and investments. The share price slid ~3.9% following the announcement. Analysts note that while the core business remains intact, the strategic review and impact of the expense highlight execution and portfolio-rationalisation risk for niche agrochemical firms in India’s broader speciality-chemicals push.