Deepak Fertilizers and Petrochemicals Corporation Limited — Updates, 29-07-2025: Press Release

Deepak Fertilisers reported strong Q1 FY26 results with consolidated revenue up 17% YoY to ₹2,659 Cr and PAT up 22% YoY to ₹244 Cr. The Fertilizer segment's profit surged 125%, driven by specialty products like Croptek (+73% volume). Chemical segment profit declined 9% due to price softness. A significant boost comes from a favorable ITAT ruling, nullifying ₹581 Cr tax demands and expecting ₹479 Cr penalty withdrawals. Net debt reduced to ₹3,078 Cr. Major capex projects (Gopalpur TAN, Dahej Nitric Acid) are 80% and 57% complete, respectively, aiming for FY26 commissioning.