Open an Account
search icon
3
NOTIFICATIONS
Best Algo trading app in India

Deepak Fertilisers Q3 net up 40% to Rs 252 cr, revenue rises to Rs 2,754 cr

 Deepak Fertilisers and Petrochemicals Corporation (DFPCL) on Thursday reported a 39.67 per cent growth in consolidated profit after tax at Rs 252.26 crore during the quarter ended December 2022. The company's PAT (profit after tax) stood at Rs 180.61 crore during the corresponding quarter of the previous financial year, DFCL said in a regulatory filing. Revenue from operations of the company witnessed a growth of 40.85 per cent during the quarter under review at Rs 2,754.76 crore compared to Rs 1,955.70 crore in the same period of 2021-22. "This is our best ever quarter three performance despite having to weather the headwinds such as unfavourable raw material pricing and difficult global economic conditions," DFPCL Chairman and Managing Director Sailesh C Mehta said. The company's ammonia greenfield plant is on track, and DFPCL expects that it will be operational by the first quarter of FY24, he said. The project has already been granted ultra-mega project status by the Maharasht
02-02-2023
Bigul

DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Announcement under Regulation 30 (LODR)-Change in Directorate

 Intimation regarding change in Directorate
02-02-2023
Bigul

Q3FY23 Quarterly Result Announced for Deepak Fertilisers & Petrochemicals Corporation Ltd.

 Deepak Fertilisers & Petrochemicals Corporation announced Q3FY23 results: Q3FY23 & 9MFY23: Segment Performance: 9M chemicals segment contributed ~87% of segment profits. Revenues grew by 60% YoY and margins increased from 21% (9M FY22) to 33% (9M FY23) 9M fertilisers segment revenues grew by 39% YoY with segment margins of 7%. Strong performance despite adverse movement of key RM Prices in 9M: ammonia up ~83.7% YoY; phos acid up ~80.7% YoY; RGP up ~16% YoY; MOP up 103%, gas up 95.6% TAN Project Funding: Tied up entire debt of Rs 1,541 Crores with door-to-door tenor of 14 years. State incentive on NPK Project investment: Received ‘Sanction of Industrial Promotion Subsidy Claim’ for FY20, FY21 and FY22 of approx Rs 25 crores from Directorate of Industries, Government of Maharashtra in Jan 2023. Asian Development Bank Blue Loan: First tranche of $15 Million disbursed in November 2022 Corporate Restructuring: Announced demerger plan of its Mining Chemicals & Fertiliser Businesses in Dec 2022; Composite scheme of arrangement has been admitted with National Company Law Tribunal (NCLT) on January 25, 2023 Commenting on the performance, Mr. Sailesh C. Mehta, Chairman & Managing Director: “ We, at DFPCL group, have been consistent in delivering overall business growth supported by strong operational performance, dominant market position and robust cashflows. This is indeed our Best Ever Q3 and 9M Performance despite having to weather the headwinds such as unfavourable raw material pricing and difficult global economic conditions. Our Ammonia Greenfield Plant is on track, and we expect that it will be operational by the first quarter of FY24. Project has already achieved an overall progress of 93.5% as of Dec’22 and construction work is almost complete. Project has already been granted Ultra-Mega project status by Government of Maharashtra. Through bilateral negotiations with gas aggregators, we have tied up around 40% of gas needs for the upcoming Ammonia project which is brent-linked and at an attractive discount to spot. In addition to this, we are in advance stage of discussion with gas aggregators and also targeting purchase of domestic gas through auction route. Considering TAN and Crop Nutrition business have attained a strategic size and relevance, Corporate Restructuring plan shall provide required unlocking with strategic flexibility to drive long-term business growth and value creation for the end customers, employees and other stakeholders” Result PDF
02-02-2023
Bigul

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 quarter and nine months ended 31st December, 2022
02-02-2023
Bigul

DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31St December, 2022

 Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended 31st December, 2022
02-02-2023
Bigul

DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations, 2015)

 In terms of provisions of Regulation 30 of the SEBI Listing Regulations, 2015, this is to inform you that the Company has signed a Supply Proposal for purchase of Natural Gas from Gujrat State Petroleum Corporation Ltd. (GSPC) for a period of three years effective from 1st May 2023.
02-02-2023
Bigul

DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

 In compliance with regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a conference call is scheduled on Friday, 3rd February, 2023 at 3.30 p.m. (IST) to discuss the financial results of the Company for the quarter and nine months ended 31st December, 2022.
23-01-2023
Bigul

DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Board Meeting Intimation for Consideration Of Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31St December, 2022

 DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/02/2023 ,inter alia, to consider and approve Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of the Board of Directors of the Company will be held on Thursday, 2nd February, 2023, inter- alia, to consider and take on record the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended 31st December, 2022
19-01-2023
Bigul

DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

 Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended December 31, 2022
11-01-2023
Bigul

DEEPAK FERTILISERS & PETROCHEMICALS CORPORATION LTD. - 500645 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011

 The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 26, 2022 for Robust Marketing Services Pvt Ltd
27-12-2022
Next Page
Close

Let's Open Free Demat Account