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Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
13 May, 2025 17:43 IST
Deepak Fertilisers Q2 net up 3-fold at Rs 805.5 mn
Source: IRIS | 04 Nov, 2020, 06.17PM
Rating: NAN / 5 stars.
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Deepak Fertilizers & Petrochemicals Corporation, the producers of industrial chemicals and fertilizers  on Tuesday registered an over three-fold jump in its consolidated net profit to Rs 805.5 million for  the second quarter ended September 2020 on higher income.

 The company had posted a net profit of Rs 255 million in the same period a year ago.  Consolidated revenue for the September quarter rose to 22% to Rs 14,042 million from Rs 11,507 million  in the year-ago period.

Expenses remained higher at Rs 13,064.2 million as against Rs 11,516.1 million in the same period a  year ago.

 Shares of the company declined Rs 3.05, or 2.06%, to trade at Rs 145.30. The total volume of shares  traded was 21,123 at the BSE (12.51 p.m., Wednesday).

       

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