Deepak Fertilizers and Petrochemicals Corporation Limited — Others, 29-07-2025: Appointment

Deepak Fertilisers has announced a board meeting where it approved the financial results for the first quarter. The company reported strong Q1 FY26 consolidated revenue of Rs. 2,659 Cr, up 17% year-on-year, and net profit of Rs. 244 Cr, a 22% increase. The fertiliser segment saw robust 125% YoY profit growth. Notably, net debt decreased to Rs. 3,078 Cr despite Rs. 377 Cr capex. A significant tax ruling nullified demands of Rs. 581 Cr and is expected to cancel Rs. 479 Cr in penalties. Re-appointment of tax auditors was also approved. Key projects are on track for FY26 commissioning.