Paradeep Phosphates shares soar over 17% to hit new 52-week high on Q1 cheer
ADVERTISEMENT The company's consolidated net profit for the quarter stood at Rs 255.85 crore, marking a 59.9% increase compared to Rs 160.03 crore recorded in the corresponding quarter of the previous financial year (Q1 FY25). The surge in profit was supported by growth in both revenue and operating efficiency.
Revenue from operations rose to Rs 3,754 crore in Q1 FY26, up 7.4% from Rs 3,494 crore in Q1 FY25. The company's earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter came in at Rs 465.87 crore, reflecting a 34.2% jump over Rs 347.07 crore posted during the same period last year.
The EBITDA margin also expanded notably, improving by 248 basis points year-on-year to 12.4% in Q1 FY26, compared to 9.9% in Q1 FY25. The improvement in margins signals enhanced operational leverage and cost control during the quarter.The fertilizer maker announced its financial results post market hours on Monday, reporting a sharp year-on-year rise in profitability and operating performance.Incorporated in 1981, Paradeep Phosphates is a manufacturer of non-urea fertilizers and India's second largest private sector phosphatic company. The company is engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (namely NPK-10, NPK-12, and NP-20), Zypmite, Phospho-gypsum, and Hydroflorosilicic Acid.
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Also read: Mazagon Dock shares shed 5% as Q1 profit drops 35% YoY. Should you buy at current levels?
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