Deepak Fertilizers & Petrochemicals Corp Ltd News

Deepak Fertilisers Q2 results: Net profit soars over 3-fold to Rs 214 cr

Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) reported a more than three-fold surge in second-quarter profit at Rs 214.07 crore on Tuesday, driven by strong sales growth across its business segments. The fertiliser maker's consolidated net profit stood at Rs 63.45 crore in the same quarter in the previous fiscal year. Revenue from operations rose 12.7 per cent to Rs 2,753.59 crore, while total expenses increased 5.5 per cent to Rs 2,454.92 crore. Separately, the company said it has appointed Subhash Anand, currently serving as President (Strategy), as its new President and Chief Financial Officer effective December 1. Shares of DFPCL closed 11.1 per cent higher at Rs 1,256.05 apiece on the BSE.

Deepak Fertilisers hits record high on strong Q2; zooms 149% from June low

Deepak Fertilisers and Petrochemicals share price: The company's consolidated net profit more-than-doubled to Rs 214 crore in Q2 FY25

This new stock in Mukul Agrawal portfolio soars 14%; up 118% from June low

Deepak Fertilisers & Petrochemicals Corporation surged 14 per cent on the BSE in Wednesday's intra-day trade on healthy business outlook; Company to announce earnings on October 29.

PCBL, Deepak Fertilisers up 100% in less than 3 months; trading guide here

Key levels to watch out on PCBL, Deepak Fertilisers: PCBL can rally another 21% from here on; while Deepak Fertilisers is seen testing key resistance at Rs 1,076, show charts.

Agrochemicals shares rally up to 12% on healthy outlook; Rallis at new high

Analysts at Elara Capital remain bullish on the Rallis' crop care division prospects, driven by the robust outlook on the domestic business and cautiously optimistic outlook on the international biz.

DFPCL Q1 results: PAT surges 75% to Rs 200 cr, revenue down at Rs 2,281 cr

Deepak Fertilisers and Petrochemicals Corporation (DFPCL) on Wednesday reported 75.43 per cent growth in consolidated profit after tax at Rs 200 crore for June quarter FY25. The company's profit after tax (PAT) stood at Rs 114 crore during the corresponding quarter of the previous financial year, DFPCL said in a regulatory filing. Revenue declined to Rs 2,281 crore from Rs 2,313 crore due to lower commodity prices. The company said the first quarter of previous year saw a one-time impact of Rs 161 crore of subsidy on channel inventory and warehouse stock. "We have delivered an impressive performance for Q1FY25, with a notable increase in EBITDA margin by 823 basis points YoY, up from 12.1 per cent to 20.4 per cent. The businesses are reaping the benefits of backward integration of ammonia plant, which has helped mitigate supply chain risk as well as price volatility and the benefits are captured within the group," Chairman and Managing Director Sailesh C Mehta said. Also, he said

Fertiliser shares extends rally; RCF, NFL, FACT, Deepak zoom up to 20%

Ind-Ra opines the credit profile of fertiliser players will remain comfortable in FY25, driven by the government of India's continued policy-level support to the industry.

Fertiliser shares rally up to 12%; RCF, Chambal, Coromandel hit 52-wk highs

Ind-Ra opines the credit profile of fertiliser players will remain comfortable in FY25, driven by the GoI's continued policy-level support to the industry by way of the healthy subsidy budget.