Latest news with #NitricAcid
Business Upturn
4 days ago
- Business
- Business Upturn
Kilburn Engineering secures Rs. 30.81 crore worth of new orders across chemical and tea segments
By Aditya Bhagchandani Published on June 5, 2025, 13:05 IST Kilburn Engineering Limited has announced the receipt of fresh orders worth Rs. 30.81 crore, according to a regulatory filing dated June 5, 2025. The company disclosed that the new orders span across two key segments—chemical and tea processing—and are part of its regular course of business. The first order, valued at Rs. 29.89 crore, pertains to the granulation and drying package for Ammonium Nitrate and Nitric Acid. This deal is expected to enhance Kilburn's presence in the chemical equipment space. The second order, amounting to Rs. 92 lakh, is for the supply of tea dryers and related spares and services—reaffirming Kilburn's consistent engagement in the tea industry, where it is already a known player. These orders follow an earlier disclosure by the company on May 15, 2025, and add to the company's execution pipeline. Kilburn Engineering is headquartered in Thane, Maharashtra, and operates in the industrial engineering domain, manufacturing drying systems and equipment for various industries. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. 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.
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Business Standard
22-05-2025
- Business
- Business Standard
Deepak Fertilisers Q4 results: PAT jumps 20.7% to ₹277 cr on higher income
Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) on Thursday posted a 20.74 per cent rise in consolidated net profit to Rs 277.66 crore for the fourth quarter of the 2024-25 fiscal on higher income. The company reported a net profit of Rs 229.96 crore a year ago, according to a regulatory filing. Its total income rose 26 per cent to Rs 2,716.99 crore during the January-March quarter of 2024-25, from Rs 2,158.56 crore in the year-ago period. The company's expenses remained higher at Rs 2,396.99 crore against Rs 1,862.20 crore. For the full 2024-25 fiscal, the company posted a two-fold jump in consolidated net profit to Rs 944.67 crore from Rs 467.56 crore in the previous year. The company said its strategic investments are on track. The overall progress in the TAN project in Gopalpur is at 75 per cent, and the same for the Nitric Acid project in Dahej is at 48 per cent. Bulk fertiliser manufactured sales volume in Q4 surged 68 per cent, driven by increased adoption of the innovative crop focus nutrient solution, it added. Despite a capex of Rs 655 crore in FY25, the company's net debt reduced to Rs 3,305 crore from Rs 3,426 crore on healthy cash generation. DFPCL Chairman and Managing Director SC Mehta said, "With an above-average monsoon forecast, we expect robust Kharif season demand for crop-specific solutions". Mining chemicals growth from FY25 is likely to continue into FY26, driven by increasing power demand and infrastructure investments. The health sector is projected to expand, supported by government and private initiatives, boosting our pharma/speciality chemicals portfolio, he added.
Business Upturn
22-05-2025
- Business
- Business Upturn
Deepak Fertilisers Q4 FY25 Results: Revenue up 28% to Rs 2,667 crore, Net profit jumps 21% YoY
By Aditya Bhagchandani Published on May 22, 2025, 15:46 IST Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) reported a strong Q4 FY25 performance, with consolidated net profit rising 21% year-on-year to ₹278 crore from ₹230 crore in the year-ago period. Revenue from operations for the quarter surged 28% YoY to ₹2,667 crore, while operating EBITDA grew 10% YoY to ₹480 crore. EBITDA margin, however, narrowed to 18% from 21% last year. On a full-year basis, revenue stood at ₹10,274 crore, up 18% YoY. The company reported an impressive 50% rise in annual EBITDA to ₹1,925 crore, while FY25 net profit more than doubled to ₹945 crore from ₹468 crore last year, marking a 102% jump. The company highlighted a strategic shift from commodity to speciality products, with the speciality business now contributing 22% to total revenue, up from 17% in FY24. The bulk fertiliser segment achieved a milestone of over 1 million MT in sales during FY25. The board has also recommended a 100% dividend. Growth capex projects remain on track, with the TAN project in Gopalpur 75% complete and the Nitric Acid project in Dahej reaching 48% completion. Despite a capex spend of ₹655 crore, the company managed to reduce net debt from ₹3,426 crore to ₹3,305 crore, improving its net debt-to-EBITDA ratio to 1.72x from 2.66x YoY. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. 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.
Trade Arabia
27-03-2025
- Business
- Trade Arabia
thyssenkrupp Uhde lands big India chemical plant contract
thyssenkrupp Uhde, a global leader in chemical technology solutions, has been awarded a contract by Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) for the construction of a third Weak Nitric Acid (WNA-III) plant at Bharuch, Gujarat in India. The project scope includes licensing, basic and detailed engineering, procurement, construction, commissioning, and start-up services. The new plant, with a capacity of 600 metric tons per day (MTPD) of weak nitric acid, will be based on thyssenkrupp Uhde's advanced technology, ensuring high operational efficiency, safety, and sustainability. As one of India's largest nitric acid production facilities, the plant will incorporate Uhde's proven EnviNOx technology, significantly reducing greenhouse gas emissions by eliminating nitrogen oxides from the production process. This contract marks another milestone in the three-decade-long partnership between thyssenkrupp Uhde and GNFC, which has already seen the successful execution of the WNA-I and WNA-II plants. The collaboration continues to reinforce trust, technical excellence, and innovation in India's chemical sector. Dr T Natarajan, IAS, Managing Director, GNFC, said: "We are excited to strengthen our market presence in India's Weak Nitric Acid sector with this new plant based on thyssenkrupp Uhde's advanced technology. Our existing nitric acid plants, also licensed by thyssenkrupp Uhde, have been instrumental in supporting the downstream sector." "This expansion aligns with the 'Make in India' campaign while reinforcing our commitment to environmental sustainability," stated Natarajan. Nadja Håkansson, CEO, thyssenkrupp Uhde, said: "We are proud to extend our collaboration with GNFC and contribute to their expansion plans. With our world-class technologies and project execution expertise, we continue to support sustainable and resource-efficient fertilizer production, ensuring long-term benefits for millions.' The project will be executed by thyssenkrupp Uhde's Indian subsidiary, a leading EPC and engineering consultancy firm with extensive experience across the petrochemical, refinery, fertilizer, and cryogenic storage sectors," stated Håkansson.
