DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Submission Of Audio Recording Of Earnings Conference Call Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Submission of Audio recording of earnings conference call for the first quarter ended 30th June, 2023 DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings presentation for quarter ended 30th June 2023 DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - The Board Of Deepak Fertilisers And Petrochemicals Corporation Limited Pays Tribute To Late Shri C K Mehta - Chairman Emeritus & Founder Of Deepak Group
The Board of the Company pays tribute to Late Shri C K Mehta - Chairman Emeritus and Founder of Deepak Group Q1FY24 Quarterly Result Announced for Deepak Fertilisers & Petrochemicals Corporation Ltd.
Commodity Chemicals company Deepak Fertilisers & Petrochemicals Corporation announced Q1FY24 results: Operating Revenue of Rs 2,313 crore compared to Rs 3,031 crore, down 23.7% YoY Operating EBITDA of Rs 281 crore compared to Rs 740, down 62.1% YoY EBITDA Margins of 12.1% compared to 24.4% in Q1FY23 Net Profit of Rs 114 crore compared to Rs 436 crore, down 73.9% YoY Net Profit Margin of 4.9% compared to 14.3%, down 945 bps Commenting on the performance, Sailesh C. Mehta, Chairman & Managing Director: “Despite facing various challenges in our Chemical and Fertiliser businesses during the Q1 FY24, we remained resilient and committed to growth. We encountered adverse price fluctuations in TAN due to the dumping of cheap Russian FGAN into India, as Russian products found resistance in countries sympathetic to the Ukraine cause. NA sales volumes were better YoY although NA production was impacted on account of the extended shutdown, while IPA sales volumes exceeded expectations with more favourable market conditions and SGQR implementation. Reduced NBS subsidy on channel inventory of Rs 161 crore and delayed monsoons impacted our Crop Nutrition business. As it was envisaged in the post-Covid swing back of prices of Raw Materials and Finished Products, it was expected that in a quarter or so, there is a possibility of gaps in margins as the re-calibration between RM and FG settles back into a fair and balanced equilibrium (which has been the typical long-term average). The Q1 quarter price swings seemed a transitory quarter in this journey of finding the typical balance. I am delighted to announce the successful commencement of trial production at our greenfield Ammonia facility in Taloja. We are passionately advancing toward its commercial production. The successful backward integration into Ammonia will provide long-term risk mitigation on the Supply disruption risk for all three businesses of the group. This strategic investment shall not only generate returns to our shareholders but also benefits the Indian economy by reducing import dependence and creating local employment opportunities.” Result PDF DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release on Unaudited Standalone and Consolidated Financial Results for the first quarter ended 30th June, 2023 DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Announcement under Regulation 30 (LODR)-Change in Management
Appointment of Mr. Deepak Rastogi as President & Chief Financial Officer of the Company in place of Mr. Amitabh Bhargava and appointment of Mr. Amitabh Bhargava as President & Chief Strategy Officer DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Unaudited Standalone And Consolidated Financial Results For The First Quarter Ended 30Th June 2023
Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2023 DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - : Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Purchase Of Compulsorily Convertible Debentures (Ccds) From International Finance Corporation Issued By Mahadhan Agritech Limited, Wholly Owned Material Subsidiary Of The Company
Announcement under Regulation 30 of LODR DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Update On Earnings Conference Call
Update on Earnings Conference Call
