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Krishana Phoschem board OKs proposal to set-up new fertilizer plant in Madhya Pradesh
Krishana Phoschem board OKs proposal to set-up new fertilizer plant in Madhya Pradesh

Business Standard

time9 hours ago

  • Business
  • Business Standard

Krishana Phoschem board OKs proposal to set-up new fertilizer plant in Madhya Pradesh

Krishana Phoschem announced its in-principle approval for the establishment of new manufacturing facilities in Meghnagar, Jhabhua, Madhya Pradesh. The plan includes a 500 TPD DAP/NPK fertilizer plant and a 300 TPD Sulphuric acid plant, with flexibility for other fertilizer-related manufacturing activities. The proposed project's funding will come from both debt and internal accruals. Krishana Phoschem manufactures single super phosohate (SSP), diammonium phosphate (DAP) and nitrogen, phosphorus, and potassium NPK fertilisers. The company has six plants in Meghnagar, Madhya Pradesh. The company's net profit surged to Rs 32.86 crore in the quarter ended March 2025 as against Rs 5.59 crore during the previous quarter ended March 2024. Sales rose 79.53% to Rs 472.88 crore in Q4 FY25 as compared with Q4 FY24. The scrip advanced 0.18% to currently trade at Rs 507.15 on the NSE.

This fertiliser stock rallies 5%, hits record high on June 19; here's why
This fertiliser stock rallies 5%, hits record high on June 19; here's why

Business Standard

time10 hours ago

  • Business
  • Business Standard

This fertiliser stock rallies 5%, hits record high on June 19; here's why

Krishana Phoschem share price: Krishana Phoschem share was buzzing in trade on Thursday, June 19, 2025, with the stock rallying up to 4.69 per cent to hit a fresh all-time high (record high) of ₹530 per share. However, by 11:05 AM, Krishana Phoschem shares were off record highs, and were trading 21.12 per cent higher at ₹517 per share. In comparison, Nifty50 was trading flat at 24,811.30 levels. What fuelled Krishana Phoschem shares to record high? Krishana Phoschem shares were in demand after the company said that its board has granted in-principle approval for setting up a 500 TPD of DAP/ NPK fertiliser and 300 TPD Sulphuric acid plant /any other manufacturing activity relating to fertiliser at Meghnagar, Jhabhua district in Madhya Pradesh to be funded through debt and internal accruals. In an exchange filing, Krishana Phoschem said, 'We wish to inform you that the board of directors of the company at its meeting held on Thursday the June 19, 2025 has inter alia granted in-principle approval for setting up a 500 TPD of DAP/ NPK fertiliser and 300 TPD Sulphuric acid plant /any other manufacturing activity relating to fertiliser at Meghnagar, Jhabhua Madhya Pradesh to be funded through debt and internal accruals.' Last week, the company rolled out new Products Annadata Urea SSP (combining the benefits of Urea and SSP), Annadata Super 6 (Fortified SSP- Zinc Boron & Magnesium). It also relaunched the product Annadata Zibo (Fortified SSP- Zinc and Boron). About Krishana Phoschem Krishana Phoschem, a subsidiary of Ostwal Phoschem (India) Ltd. and part of the Ostwal Group, is an Indian company engaged in the manufacturing of fertilisers and chemicals. With a strong focus on sustainable agricultural practices, the company produces a range of key products including Single Super Phosphate (SSP), Granulated SSP (GSSP), and Beneficiated Rock Phosphate (BRP), which help enrich soil with essential phosphorus. In addition to fertilisers, Krishana Phoschem manufactures chemical intermediates such as H-Acid and other dye components used in the textile industry. Its main manufacturing facility is located in Meghnagar, Madhya Pradesh, and operates across three units. Through its diversified product line and focus on sustainability, the company plays a major role in supporting both agriculture and industry in India.

Krishana Phoschem announces approval for new fertilizer manufacturing plant in Madhya Pradesh
Krishana Phoschem announces approval for new fertilizer manufacturing plant in Madhya Pradesh

Business Upturn

time12 hours ago

  • Business
  • Business Upturn

Krishana Phoschem announces approval for new fertilizer manufacturing plant in Madhya Pradesh

By Aditya Bhagchandani Published on June 19, 2025, 10:54 IST Krishana Phoschem Ltd has announced that its Board of Directors has granted in-principle approval for the establishment of a new fertilizer manufacturing facility in Madhya Pradesh. The announcement was made through an exchange filing dated June 19, 2025. The proposed project will include the setup of a 500 TPD (tons per day) DAP/NPK fertilizer plant and a 300 TPD sulphuric acid plant, or other fertilizer-related manufacturing activities. The facility will be located at Meghnagar in the Jhabua district of Madhya Pradesh. The company plans to fund the project through a combination of internal accruals and debt. The move is expected to enhance Krishana Phoschem's production capacity and support its long-term growth strategy in the agri-inputs segment. This update was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

Krishana Phoschem standalone net profit rises 487.84% in the March 2025 quarter
Krishana Phoschem standalone net profit rises 487.84% in the March 2025 quarter

Business Standard

time07-05-2025

  • Business
  • Business Standard

Krishana Phoschem standalone net profit rises 487.84% in the March 2025 quarter

Sales rise 79.53% to Rs 472.88 croreNet profit of Krishana Phoschem rose 487.84% to Rs 32.86 crore in the quarter ended March 2025 as against Rs 5.59 crore during the previous quarter ended March 2024. Sales rose 79.53% to Rs 472.88 crore in the quarter ended March 2025 as against Rs 263.40 crore during the previous quarter ended March the full year,net profit rose 114.00% to Rs 86.54 crore in the year ended March 2025 as against Rs 40.44 crore during the previous year ended March 2024. Sales rose 47.01% to Rs 1358.24 crore in the year ended March 2025 as against Rs 923.90 crore during the previous year ended March EndedYear EndedMar. 2025Mar. 2024% 2025Mar. 2024% 80 1358.24923.90 47 OPM %11.909.76 -13.5413.87 - PBDT54.5615.18 259 154.4593.23 66 PBT46.986.72 599 123.2759.07 109 NP32.865.59 488 86.5440.44 114 Powered by Capital Market - Live News

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