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26 April, 2024 17:39 IST
Deepak Fertilisers slips on weak Q4 results
Source: IRIS | 22 May, 2015, 10.45AM
Rating: NAN / 5 stars.
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Deepak Fertilizers & Petrochemicals Corporation, the producers of industrial chemicals and fertilizers, witnessed a fall in share price on Friday after it announced a  drop in standalone net profit for the quarter ended March 2015.  During the quarter, the profit of the company declined 70.22% to Rs 272.30 million from Rs 914.40 million  in the same quarter previous year.

Total Income for the quarter declined 11.65% to Rs 9,309.60 million, compared with Rs 10,537.50 million for the prior year period.

Shares of the company are trading at Rs 129.30, down Rs 3.75, or 2.82% at the Bombay Stock Exchange (BSE) on Friday at 10:40 a.m.

Total volume of shares traded on the bourses today was lower by 11.45% to 70,034 compared with 22-day average volume of 79,089.

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