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Paradeep Phosphates Ltd Q4FY24; 120% rise in Profits

Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company. 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 Q4FY24 of ₹2,243.00 Crores down from ₹3,644.00 Crore year on year, a fall of 38.45%.

Total Expenses for Q4FY24 of ₹2,248.00 Crores down from ₹3,683.00 Crores year on year, a fall of 38.96%.

Consolidated Net Profit of ₹22.00 Crores up 120.0% from ₹10.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.26, up 116.67% from ₹0.12 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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