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Paradeep Phosphates Ltd Q1FY24; 25% rise in Revenue

Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers in India. 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.

Financial Results:

Paradeep Phosphates Ltd reported Revenues for Q1FY24 of ₹3,054.00 Crores up from ₹2,435.00 Crore year on year, a rise of 25.42%.

Total Expenses for Q1FY24 of ₹3,232.00 Crores up from ₹2,359.00 Crores year on year, a rise of 37.01%.

Consolidated Net Profit of -₹119.00 Crores from ₹63.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹1.47, from ₹0.77 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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