Deepak Fertilizers and Petrochemicals Corporation Limited — Investor Meet, 05-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
05-11-2024 · 12:54 pm
Deepak Fertilisers reported a robust Q2 FY25, with consolidated revenues up 13% to over ₹2,700 crores and a net profit surge of 237% to ₹214 crores. Key growth drivers include strong demand in crop nutrition and strategic moves towards specialty chemicals. The company is focused on expanding its ammonia production and implementing a significant CAPEX plan. The recent anti-dumping duty on IPA is expected to support margins in the chemicals segment. Further operational efficiency is anticipated from planned expansions.
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