Deepak Fertilisers Q1 Results: Revenue jumps 17% YoY to Rs 2,659 crore, net profit up 22% YoY
Deepak Fertilisers and Petrochemicals Corporation Ltd. reported a strong performance in Q1 FY26, driven by steady operational execution and a strategic shift towards specialty products. The company's consolidated operating revenue rose 17% year-on-year to ₹2,659 crore, supported by higher volumes in Croptek, Nitric Acid, and IPA.
Operating EBITDA for the quarter stood at ₹513 crore, marking a 10% YoY growth, while margins came in at 19.3%. Profit before tax increased by 28% to ₹345 crore. Net profit rose 22% YoY to ₹244 crore, though it fell 12% sequentially. PAT margins expanded by 38 basis points to 9.1% over the same period last year.
The fertiliser segment was a major driver, posting a 125% YoY rise in profit, offsetting a 9% drop in the chemical segment, which faced pricing pressure in IPA and Ammonia. Specialty products gained traction, now contributing 45% of CNB revenue. Croptek volumes surged 73% YoY, while specialty fertilisers saw 21% growth.
Despite a capex of ₹377 crore, net debt reduced to ₹3,078 crore in Q1 FY26, improving the net debt to EBITDA ratio to 1.5x. Additionally, Mahadhan AgriTech received a favourable ITAT ruling, nullifying tax demands worth ₹581 crore, with penalty orders worth ₹479 crore also expected to be withdrawn.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
4 hours ago
- Business Upturn
SRF and Chemours sign strategic agreement to strengthen global fluoropolymer supply
The Chemours Company, a global leader in chemistry with strong market positions in Thermal & Specialized Solutions (TSS), Titanium Technologies (TT), and Advanced Performance Materials (APM), has signed strategic agreements with India-based SRF Limited, a diversified chemical conglomerate. This collaboration aims to strengthen Chemours' global supply chain, increase operational flexibility, and secure access to high-demand materials such as fluoropolymers and fluoroelastomers. These materials are essential across industries including semiconductors, automotive, aerospace, chemical processing, oil and gas, and more. By leveraging SRF's manufacturing expertise and Chemours' advanced technology and quality standards, the partnership ensures a reliable supply of high-quality products for global customers. Notably, the agreements expand Chemours' global operations without any upfront capital investment, enabling efficient supply chain management and operational flexibility. 'This strategic relationship with The Chemours Company is a testament to SRF's proven capabilities in complex chemical production,' said Prashant Yadav, President and CEO – Fluorochemicals and Technical Textiles Businesses, SRF Limited. 'We are proud to reinforce our position as a trusted manufacturer of advanced materials and believe this marks the beginning of a strong relationship with a global leader in performance chemicals and advanced fluoropolymers.' This strategic alliance reinforces Chemours' commitment to delivering consistent, high-performance solutions while supporting industrial growth worldwide. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
6 hours ago
- Business Upturn
GNG Electronics Q1 Results: Revenue jumps 22.4% YoY to Rs 312.28 crore, net profit up 52.5% YoY
GNG Electronics reported a robust performance in Q1, with revenue and profit showing healthy year-on-year (YoY) growth. The company's revenue from operations rose to Rs 312.28 crore in Q1 FY26, up 22.4% from Rs 255.31 crore in the same quarter last year. Net profit also surged significantly, reaching Rs 18.52 crore, compared to Rs 12.15 crore in Q1 FY25, marking a 52.5% increase YoY. The company's total comprehensive income stood at ₹19.74 crore, higher than ₹10.91 crore in the same quarter last year, reflecting a strong overall performance. The company's EBITDA also grew to Rs 32.30 crore, up from Rs 25.50 crore in Q1 FY25, reflecting a YoY increase of 26.7%. EBITDA margin improved to 10.35%, compared to 9.99% a year ago, indicating better operational efficiency. These results indicate a solid start to the fiscal year, with the company showing strong growth on a yearly basis. Investors may see this as a positive signal of the company's operational efficiency and market positioning. In the meantime, today, GNG Electronics shares closed at Rs 336.75 on the trading session, showing a relatively stable movement from the day's open of Rs 336.00. The stock touched a high of Rs 339.90 and a low of Rs 332.20 during intraday trading. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
7 hours ago
- Business Upturn
Lloyds Metals wins Tandsi-III coking coal mine bid on Madhya Pradesh–Maharashtra border
By Aman Shukla Published on August 19, 2025, 16:02 IST Lloyds Metals & Energy Limited has emerged as the successful bidder for the Tandsi-III and Tandsi-III Extension coking coal mines, winning the project with a premium of 10.5%. The mines are strategically located on the Madhya Pradesh–Maharashtra border, approximately 400 kilometers from Ghugus, covering an area of around 338 hectares. The combined reserves of the mines are estimated at 23 million metric tonnes of high-quality coking coal, which will support the company's long-term expansion plans in India's coal and steel sectors. Development of the mines will employ a mix of opencast and underground mining methods, ensuring efficient extraction while maintaining operational safety and environmental standards. The project is expected to achieve a production capacity of up to 0.30 million tonnes per annum over a four-year development timeline, contributing to both regional employment and the company's overall output. Lloyds Metals & Energy will execute all necessary agreements and regulatory approvals in due course. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
