1 Aug 2022 , 01:24 PM
The company reported a 59% yoy jump in consolidated revenue in Q1FY23 at Rs3,031 crore as compared to Rs1,902 crore in the previous corresponding quarter.
It reported a consolidated operating EBITDA of Rs740 crore during the quarter under review, up by 155% yoy against Rs290 crore in the previous corresponding quarter.
Company’s consolidated net profit for Q1FY23 stood at Rs436 crore, clocking a growth of 233% on a y-o-y basis, against Rs131 crore in the quarter ended June 2021.
DFPCL’s Operating EBITDA Margins increased from 15.2% in Q1FY22 to 24.3% in Q1FY23.
Further, its Chemicals Segment contributed about 87% of total segment profits. Chemicals revenues doubled to Rs1,771 crore and margins increased from 19% in Q1FY22 to 41% in Q1FY23.
Fertilizers segment revenues witnessed a surge of 26% y-o-y to Rs1,256 crore, although segment margins were impacted owing to a sharp escalation in raw material prices.
Company’s Acids business achieved capacity utilization of 91% and IPA business of 58% in Q1FY23.
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