Latest news with #DeepakFertilisersandPetrochemicalsCorporationLtd
&w=3840&q=100)
Business Standard
10 hours ago
- Business
- Business Standard
Deepak Fertilisers Q1 results: Profit rises 22% to ₹244 cr on higher sales
Deepak Fertilisers and Petrochemicals Corporation Ltd on Tuesday posted a 22.14 per cent jump in consolidated net profit to₹ 243.86 crore during the June quarter on higher sales. The company reported a net profit of ₹199.65 crore in the year-ago period, according to a regulatory filing. Total revenue rose 16.54 per cent to ₹2,658.75 crore during the June quarter of the 2025-26 fiscal year from ₹2,281.33 crore in a year-ago. Expenses remained higher at ₹2,337.31 crore as against ₹2,023.25 crore in the said period. DFPCL Chairman and Managing Director said, "The strong start to FY26 underscores the impact of our strategic transformation and disciplined execution. Our continued focus on specialty products, customer engagement, and operational agility is driving tangible results." The company's net debt further reduced even as "we progressed major capital investments," he said, adding, "This reinforces the strength of our business model." DFPCL manufactures both industrial chemicals and fertilisers with a strong presence in Technical Ammonium Nitrate (mining chemicals), industrial chemicals, and crop nutrition (fertilisers). (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Upturn
17 hours ago
- Business
- Business Upturn
Deepak Fertilisers Q1 Results: Revenue jumps 17% YoY to Rs 2,659 crore, net profit up 22% YoY
By Aman Shukla Published on July 29, 2025, 14:45 IST Deepak Fertilisers and Petrochemicals Corporation Ltd. reported a strong performance in Q1 FY26, driven by steady operational execution and a strategic shift towards specialty products. The company's consolidated operating revenue rose 17% year-on-year to ₹2,659 crore, supported by higher volumes in Croptek, Nitric Acid, and IPA. Operating EBITDA for the quarter stood at ₹513 crore, marking a 10% YoY growth, while margins came in at 19.3%. Profit before tax increased by 28% to ₹345 crore. Net profit rose 22% YoY to ₹244 crore, though it fell 12% sequentially. PAT margins expanded by 38 basis points to 9.1% over the same period last year. The fertiliser segment was a major driver, posting a 125% YoY rise in profit, offsetting a 9% drop in the chemical segment, which faced pricing pressure in IPA and Ammonia. Specialty products gained traction, now contributing 45% of CNB revenue. Croptek volumes surged 73% YoY, while specialty fertilisers saw 21% growth. Despite a capex of ₹377 crore, net debt reduced to ₹3,078 crore in Q1 FY26, improving the net debt to EBITDA ratio to 1.5x. Additionally, Mahadhan AgriTech received a favourable ITAT ruling, nullifying tax demands worth ₹581 crore, with penalty orders worth ₹479 crore also expected to be withdrawn. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
10-07-2025
- Business
- Time of India
Deepak Fertilisers inks pact with Petronet LNG for regasification
Synopsis Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) has forged a five-year agreement with Petronet LNG Ltd for regasification of Liquefied Natural Gas (LNG). Petronet LNG will regasify around 25 TBTUs of LNG annually, mainly at its Dahej terminal.
Business Standard
10-07-2025
- Business
- Business Standard
Deepak Fertilisers inks pact with Petronet LNG for regasification
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Thursday entered into a long-term pact with Petronet LNG Ltd for regasification of Liquefied Natural Gas (LNG). DFPCL, along with its step-down subsidiary Performance Chemiserve Ltd (PCL), have entered into the agreement for a period of five years. Under the terms of the agreement, Petronet LNG will regasify approximately 25 TBTUs (Trillion British Thermal Units) of LNG annually, post an initial ramp-up period, primarily at its Dahej terminal, DFPCL said in a regulatory filing. The regasified gas will be primarily supplied to the company and PCL's manufacturing facilities units at Taloja, Mumbai, for internal consumption, it said. With the last mile regasification contract, the company will be uniquely placed to deliver a value chain right from gas to Ammonia to Building Block Nitric Acid, taking it right up to the downstream final products such as NPK fertilisers, industrial chemicals and mining chemicals.
Business Upturn
10-07-2025
- Business
- Business Upturn
Deepak Fertilisers signs 5-year LNG regasification agreement with Petronet LNG
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL), along with its step-down subsidiary Performance Chemiserve Ltd (PCL), has signed a long-term LNG regasification agreement with Petronet LNG Ltd (PLL), India's leading LNG infrastructure company. This strategic partnership marks a significant step in securing last-mile connectivity for the company's integrated Gas-to-Ammonia-to-Chemicals value chain. The agreement builds on DFPCL's long-term LNG supply contract with Norwegian energy major Equinor ASA and ensures smooth logistical and commercial arrangements for delivering imported LNG to its manufacturing facilities in Taloja, Mumbai, through the existing national gas grid. Under the terms of the five-year contract, Petronet LNG will regasify approximately 25 TBTUs of LNG annually—after an initial ramp-up phase—primarily at its Dahej terminal. The regasified natural gas will then be supplied to DFPCL and PCL's units for internal consumption, powering a robust production line that stretches from ammonia to nitric acid and downstream products such as NPK fertilisers, industrial chemicals, and mining chemicals. This end-to-end integration provides DFPCL with a unique competitive edge, enabling it to deliver customised, value-added chemical solutions across sectors. The deal also supports the company's forward integration strategy, reinforcing its ambition to offer risk-mitigated and value-accretive products aligned with India's industrial and agricultural growth. Importantly, the agreement is a domestic transaction, with no promoter or related party involvement, and is executed on an arm's length basis. With this critical tie-up, Deepak Fertilisers continues to enhance its strategic infrastructure and supply security—strengthening its position as a key player in India's chemical and fertiliser ecosystem. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
