Deepak Fertilizers and Petrochemicals Corporation Limited — Updates, 29-01-2025: Press Release

Deepak Fertilisers and Petrochemicals Corporation Limited has approved its financial results for the quarter and nine months ended December 31, 2024. Consolidated operating revenue reached ₹2,579 crores, marking a robust increase of 39% year-on-year, driven by strong demand in the mining and fertilizer segments. EBITDA grew by 72% to ₹486 crores, with margins improving to 19%. Net profit soared by 318% to ₹253 crores, reflecting effective strategic transitions in product offerings.

The company noted a 55% year-on-year revenue growth in its chemicals business and a notable 29% growth in its TAN segment, attributed to increased sales volumes and effective market strategies. Additionally, the appointment of Mr. Rabindra Kumar Purohit as Company Secretary and Compliance Officer was finalized, replacing Mr. Gaurav Munoli, effective February 1, 2025. The overall outlook remains positive as the company aligns with India's growth trajectory in infrastructure and agricultural needs. Investors should consider this strong financial performance in context of ongoing strategic initiatives as a potential for sustained growth.