Stellar FY 2024-25 Performance by IFFCO, fuelled by YoY by 47 percent increase in the Sales of Nano Fertilizers

Dr. Udai Shanker Awasthi, Managing Director, IFFCO Ltd. in his New Financial Year messages announced stellar growth figures of IFFCO. He informed that the Society for straight three years is expected to register profit of ₹3000 Crores for three consecutive financial years. The growth is driven by Society's increased impetus on the Sales of Nano-fertilizers. Nano-fertilizers has been the key focus area for the society with support from the Union Ministry of Chemicals and Fertilizers, extensive awareness campaigns and research helped the society increase the acceptance of the products among the farmers. The same sentiment can be seen in the sales of the Nano-fertilizers which saw an overall increase of 47% as compared to the previous financial year. This Financial year (2024-2025) 365 Lakh bottles of Nano-

Fertilizers were sold as compared to 249 Lakh bottles sold in the previous financial year (2023-2024). Out of 365 Lakh bottles sold, 268 Lakh bottles of IFFCO Nano Urea Plus (Liquid) and 97 Lakh bottles of IFFCO Nano DAP (Liquid) was sold during FY 2024-25. The sales of IFFCO Nano Urea Plus (Liquid) is 31% and IFFCO Nano DAP (Liquid) is 118% higher as compared to FY 2023-24. This sale volume is equivalent to 12 lakh Metric Tonne of Conventional Urea and 4.85 Metric Tonne of conventional DAP. IFFCO's WSF/Speciality Fertilizers/Sagarika Granule Fertilizer have achieved sales of 1.92 Lakh MT. The sale of WSF/Speciality Fertilizers is 1.30 Lakh MT which is 2% higher than last FY. Sales of Sagarika Liquid is 11.55 Lakh litre which is 33% higher, Sagarika Granule is 68,000 MT which is 28% higher and Bio-fertilizers is 8.61 Lakh Litre which is 35 higher than the last FY.

During the FY 2024-25, IFFCO also initiated a nationwide "Model Nano Village/ Clusters Project" from 1st July 2024, selecting 203 village clusters spanning 2000 acres each as pioneers in the adoption of Nano fertilisers for reducing the use of bulk fertilisers with an increase in crop productivity & quality. More than 90,000 farmers have been registered in the Nano Village Portal covering 5 lakh acres, with 40,000 farmers purchasing over 5.30 Lakh bottles of IFFCO Nano Fertilisers and Sagarika and 72,000 acres sprayed by Agri Drones. This project led to a 28.73% reduction in chemical fertiliser use and a 5.80% increase in crop yield. Further, IFFCO is exploring options to use the data on chemical fertilisers reduction for the Carbon Credit Project for certification of GHG emission reduction through use of Nano Fertilisers by reducing use of chemical fertilisers.

IFFCO is ranked World's No.1 Cooperative (with respect to ratio towards contribution to GDP) according to World Cooperative Monitor (WCM) Report published by EURCISE and International Cooperative Alliance (ICA), the premier International cooperative body.