Paradeep Phosphates Limited — Board Meeting, 28-10-2024: Outcome of Board Meeting

Paradeep Phosphates Limited announced approval for its unaudited financial results for the quarter and half-year ended September 30, 2024, showing a profit of INR 227.46 crore. The company also plans a brownfield expansion of its Phosphoric Acid Plant-I I Project, increasing capacity to 0.7 MMTPA with an estimated capex of INR 250 crore. The expansion aims to enhance operational capabilities and reduce import dependency.