Latest news with #SingleSuperPhosphate
New Indian Express
2 days ago
- Business
- New Indian Express
Farmers in Tiruchy flag shortage of urea, DAP fertilisers
TIRUCHY: At a time when kuruvai paddy cultivation in the district is expected to surpass last year's figure in target acreage, farmers complain of a shortage in fertilisers such as urea and DAP both at cooperative society outlets and at private shops. They urge the authorities concerned for immediate action. This year, kuruvai paddy cultivation is expected to be taken up on 15,000 acres in the district, higher than the 12,000 acres on which it was taken up last year. While sources said that the seasonal requirement for fertilisers is approximately 25,000 tonnes, data available with the district administration on fertiliser stock records that primary agriculture credit cooperative societies (PACCS) currently has 877 tonnes of urea, 635 tonnes of DAP, 1,608 tonnes of complex fertiliser, 778 tonnes of Muriat of Potash and 146 tonnes of Single Super Phosphate, totalling 4,046 tonnes. Private traders claim they receive a similar quantity of fertilisers that PACC societies are supplied with. Farmers, however, allege that private traders receive a larger share of fertilisers compared to PACCS. Altogether, the total quantity of fertilisers made available through both PACCS and private traders is an estimated 15,000 tonnes, allege farmers. N Veerasekaran, state spokesperson of the Bharatiya Kisan Sangh, said, 'The actual supply of fertilisers to PACCS and private traders is insufficient. Since the kuruva special package includes fertilisers, officials prioritise distribution to farmers enrolled in the scheme, leaving others in the lurch.'
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Business Standard
11-07-2025
- Business
- Business Standard
This fertiliser stock jumps 4% on strong Q1 performance; key details here
Madhya Bharat Agro share price: Shares of fertiliser and chemicals company Madhya Bharat Agro Products rose nearly 4 per cent to hit an intraday high of ₹432.95 after the company reported solid performance in the April-June quarter of the financial year 2025-26 (Q1FY26). At 2:45 PM, Madhya Bharat share price was trading 1 per cent higher at ₹422.45 compared to Thursday's close of ₹418.15. In comparison, NSE Nifty50 was trading 0.74 per cent lower at 25,167.35 levels. Last checked, the company's market capitalisation stood at ₹3,701.8 crore. The stock has surged over 112 per cent from the 52-week low of ₹197 touched on October 8, 2024. Madhya Bharat Agro Q1 FY26 results The rally in shares of the fertiliser company was backed by robust numbers in the Q1 FY26 results. The company reported a 145.52 per cent growth in the June quarter net profit to ₹28.21 crore compared to ₹11.49 crore in the year-ago period. The company reported revenue from the operation of ₹409.69 crore in Q1 FY26, up 104.49 per cent from 200.35 crore in the corresponding quarter of the previous fiscal. In the March 2025 quarter (Q4 FY25), the company reported revenue from operations of ₹296.78 crore and net profit of ₹142.53 crore. Madhya Bharat Agro reported total expenses of ₹368.58 crore, almost doubled from ₹183.98 crore in the year-ago period. In the previous quarter, the company's total expenses came in at ₹209.65 crore. About Madhya Bharat Agro Products Incorporated in October 1997, Madhya Bharat Agro Products is engaged in the manufacturing of fertilisers and chemicals, particularly for the agricultural sector. It operates two manufacturing plants located in the Sagar district of Madhya Pradesh. The company specialises in the manufacture of Beneficiated Rock Phosphate (BRP), Sulphuric Acid (SA), Single Super Phosphate (SSP) and Phosphate Rich Organic Manure (Prom). It is also engaged in the production of Sulphur Bentonite and some value-added chemicals like oleum, etc. The company got listed on the National Stock Exchange in 2019.
Business Upturn
19-06-2025
- Business
- Business Upturn
Madhya Bharat Agro to set up 1000 TPD SSP/GSSP and integrated fertilizer plant in Dhule
Madhya Bharat Agro Products Limited has announced plans to establish a 1000 TPD Single Super Phosphate (SSP) and Granular Single Super Phosphate (GSSP) plant in Dhule, Maharashtra. The facility will also include manufacturing activities related to fertilizers, including a fully integrated DAP/NPK plant with Phosphoric Acid and Sulphuric Acid units. This development follows earlier disclosures made on 14th March 2023, 18th August 2023, 1st March 2024, and 29th March 2024, regarding the setting up of the DAP/NPK plant at the Nardana Industrial Area in Dhule. The project is a significant step towards strengthening the company's presence in the fertilizer manufacturing sector and supporting India's agricultural needs. In the meantime, Madhya Bharat Agro shares traded in a narrow range today, opening at ₹357.90 and touching a high of ₹364.00. The stock remains significantly above its 52-week low of ₹197.00 but below its 52-week high of ₹394.90. 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
