Unlocking Fertiliser Potential: IFFCO's Vision Under New Leadership

IFFCO Managing Director K J Patel forecasts a 10% profit growth by FY26 amid challenges in nano fertiliser adoption. Patel emphasizes farmer training programs to enhance product usage, while efforts are underway to boost production efficiency and international outreach, particularly in Brazil.

Indian Farmers Fertiliser Cooperative Ltd (IFFCO) is eyeing a robust 10% net profit growth for FY26 under the guidance of its new Managing Director, K J Patel. This comes amidst challenges like the slow domestic uptake of IFFCO's innovative nano fertilisers.

In a conversation with PTI, Patel, a four-decade IFFCO stalwart, emphasized the cooperative's enduring relationship with over 36,000 cooperatives and 5 crore farmers as its core strength. He highlighted the need for extensive farmer training programs to maximize the potential of nano fertilisers, which represent a cornerstone of IFFCO's eco-friendly strategies.

While nano fertiliser sales have yet to meet targets, Patel remains optimistic. Internationally, IFFCO is expanding its footprint with a new plant in Brazil. With joint ventures and steady operations, the cooperative achieved a 16% profit growth last year, with expectations set for continued progress in the upcoming fiscal years.

(With inputs from agencies.)