Deepak Fertilisers Q2 results: Net profit soars over 3-fold to Rs 214 cr

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Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) reported a more than three-fold surge in second-quarter profit at Rs 214.07 crore on Tuesday, driven by strong sales growth across its business segments.

The fertiliser maker's consolidated net profit stood at Rs 63.45 crore in the same quarter in the previous fiscal year.

Revenue from operations rose 12.7 per cent to Rs 2,753.59 crore, while total expenses increased 5.5 per cent to Rs 2,454.92 crore.

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Category: BusinessFinance

Markets: India

Topics: Q2 results DFPCL Corporate earnings Q2 Deepak Fertilisers CFO

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 16:54:18 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 195 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23325813

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