Deepak Fertilisers Q4 Profit Falls 50% to Rs 139 Cr
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Deepak Fertilisers reports 50% drop in Q4 net profit to Rs 139.39 crore due to higher expenses. Full year profit declines 22%.
New Delhi, May 28 (PTI) Deepak Fertilisers and Petrochemicals Corporation Ltd on Thursday reported 50 per cent fall in consolidated net profit to Rs 139.39 crore during the March quarter dragged by higher expenses.
The Pune-based company had posted a net profit of Rs 277.86 crore in the year-ago period, according to a regulatory filing.
Total income for the January-March period rose 11 per cent to Rs 3,017.46 crore from Rs 2,716.99 crore a year earlier, the expenses shot up 19.16 per cent to Rs 2,856.38 crore from Rs 2,396.99 crore.
For the full 2025-26 fiscal year, the net profit declined 22 per cent to Rs 738.76 crore from Rs 944.67 crore in the previous year.
Chairman and Managing Director S C Mehta said the previous quarter reflected a challenging backdrop with global supply chain disruptions and with war led elevated input costs being gradually pass through across key segments.
"Crop nutrition was impacted by a sharp increase in input costs, coupled with limited ability to pass through these increases to farmers and inadequate realignment in subsidy support," he said, adding that industrial chemicals saw pressure nitric acid spreads and feedstock constraints.
"Reported performance also reflects the planned ammonia plant turnaround related shutdown; however, underlying business momentum remained stable on an adjusted basis," he added.
Mehta said the company remains firmly anchored to its long-term strategic agenda.
"While external volatility continues to influence our operating environment, our focus on disciplined execution, portfolio evolution and customer-centricity enables us to navigate these cycles with resilience and agility," he added.
The Pune-based company had posted a net profit of Rs 277.86 crore in the year-ago period, according to a regulatory filing.
Total income for the January-March period rose 11 per cent to Rs 3,017.46 crore from Rs 2,716.99 crore a year earlier, the expenses shot up 19.16 per cent to Rs 2,856.38 crore from Rs 2,396.99 crore.
For the full 2025-26 fiscal year, the net profit declined 22 per cent to Rs 738.76 crore from Rs 944.67 crore in the previous year.
Chairman and Managing Director S C Mehta said the previous quarter reflected a challenging backdrop with global supply chain disruptions and with war led elevated input costs being gradually pass through across key segments.
"Crop nutrition was impacted by a sharp increase in input costs, coupled with limited ability to pass through these increases to farmers and inadequate realignment in subsidy support," he said, adding that industrial chemicals saw pressure nitric acid spreads and feedstock constraints.
"Reported performance also reflects the planned ammonia plant turnaround related shutdown; however, underlying business momentum remained stable on an adjusted basis," he added.
Mehta said the company remains firmly anchored to its long-term strategic agenda.
"While external volatility continues to influence our operating environment, our focus on disciplined execution, portfolio evolution and customer-centricity enables us to navigate these cycles with resilience and agility," he added.
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