Paradeep Phosphates Limited — Updates, 04-02-2025: Press Release
Paradeep Phosphates Limited reported solid financial results for Q3 FY25, with revenue from operations reaching ₹4,105 crores. The EBITDA stood at ₹371 crores, while profit before tax surged to ₹220 crores, reflecting a significant increase from the previous year. The company’s fertilizer production totaled 675,808 MT, a notable 25% YoY growth, with total sales volumes rising by 47% YoY to 870,586 MT, bolstered by strong demand for its new Triple Super Phosphate (TSP).
Over the first nine months of FY25, production and sales volumes rose by 4% and 13% YoY, reaching 1,908,313 MT and 2,290,443 MT, respectively. The company has successfully improved its net debt-to-equity ratio, indicating enhanced financial stability. Importantly, ongoing expansions in sulphuric acid capacity are expected to fortify PPL's operational efficiency in the near future. The favorable agricultural policy environment continues to suggest a strong outlook for fertilizer demand, making PPL one to watch closely for potential growth.
