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DFPCL Q1 results: PAT surges 75% to Rs 200 cr, revenue down at Rs 2,281 cr

Business Standard LogoBusiness Standard7h ago

DFPCL Q1 results: PAT surges 75% to Rs 200 cr, revenue down at Rs 2,281 cr - Business Standard

Quick Summary:

Deepak Fertilisers and Petrochemicals Corporation (DFPCL) on Wednesday reported 75.43 per cent growth in consolidated profit after tax at Rs 200 crore for June quarter FY25.

The company's profit after tax (PAT) stood at Rs 114 crore during the corresponding quarter of the previous financial year, DFPCL said in a regulatory filing.

The company said the first quarter of previous year saw a one-time impact of Rs 161 crore of subsidy on channel inventory and warehouse stock.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-31 @ 18:50:34 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 470 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21872930

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Official Website: business-standard.com

Update Frequency: 320 posts per day

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News Last Updated: 2 hours ago

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