As a result of the Green Revolution, there was a strong demand for fertilizers in India. To gain opportunities in this area, a new IFFCO cooperative was created specifically to meet the needs of farmers. It was a unique business concept in which the Farmers of the country through their own cooperative societies have created this new institution to defend their interests. The requirement of the case is to analyze the financial performance of IFFCO and also identify the factors for success of IFFCO and suggestions to overcome the new challenges.