Deepak Fertilisers Q1 profit down 71% at Rs 10.7 cr
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) has reported a 71 per cent decline in consolidated net profit at Rs 10.7 crore for the June quarter on lower sales. The company had posted a net profit of Rs 37.23 crore in the year-ago period, DFPCL said in a regulatory filing.
Total income during the period under review fell to Rs 1,131.45 crore as compared to Rs 2,233.78 crore in the year-ago quarter.
Set up in 1979, as an ammonia manufacturer, DFPCL is now into industrial chemicals, bulk and specialty fertilisers, technical ammonium nitrate, and value added real estate.Subscribe to Moneycontrol Pro and gain access to curated markets data, trading recommendations, equity analysis, investment ideas, insights from market gurus and much more. Get Moneycontrol PRO for 1 year at price of 3 months at 289. Use code FREEDOM.