
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) posted a 43.6% decline in its net profit at ₹141.5 Crore. In the previous comparable period it posted a net profit of ₹251 Crore.
At around 1.49 PM, Deepak Fertilisers was trading 6.26% lower at ₹1,044.70 per share, against the previous close of ₹1,114.50 on NSE. The counter touched an intraday high and low of ₹1.087.10, and ₹1,013.80, respectively.
The business said that its revenue for the period under review jumped as much as 9.70% on a y-o-y basis to ₹2,830 Crore. In the previous corresponding period, revenue came in at ₹2,579 Crore.
EBITDA came in 27.40% lower to ₹533 Crore. In the same quarter of previous year, it registered an EBITDA of ₹486 Crore. EBITDA margin witnessed contraction to 12.50% against 18.90% in the year-ago period.
Further, the company informed that it has received approval from the board of directors for permanently closing and dismantling its 300-tonnes-per-day methanol plant located at the K1 unit. This plant has not been in operations since August 2021.
The company believes that dismantling this plant will free up land for accommodating alternative projects that could be pursued to drive growth advantages.
For feedback and suggestions, write to us at editorial@iiflcapital.com
Related Tags

IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
ARN NO : 47791 (AMFI Registered Mutual Fund & Specialized Investment Fund Distributor), PFRDA Reg. No. PoP 20092018

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.