Deepak Fertilizers & Petrochemicals Corp Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- Deepak Fertilizers & Petrochemicals Corp Ltd reported a 5.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 39.1%.
- Its expenses for the quarter were down by 6.7% QoQ and up 29.6% YoY.
- The net profit increased 18.2% QoQ and increased 318.1% YoY.
- The earnings per share (EPS) of Deepak Fertilizers & Petrochemicals Corp Ltd stood at 19.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2591.58 | 2753.59 | 1863.76 | -5.9% | 39.1% |
Total Expenses | 2290.79 | 2454.92 | 1767.16 | -6.7% | 29.6% |
Profit Before Tax | 300.79 | 298.67 | 96.60 | 0.7% | 211.4% |
Tax | 47.70 | 84.60 | 36.07 | -43.6% | 32.2% |
Profit After Tax | 253.09 | 214.07 | 60.53 | 18.2% | 318.1% |
Earnings Per Share | 19.90 | 16.60 | 4.60 | 19.9% | 332.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Deepak Fertilizers & Petrochemicals Corp Ltd is a prominent player in the chemical industry, focusing on the production and distribution of fertilizers and industrial chemicals. The company offers a diverse range of products, including fertilizers, petrochemicals, and technical ammonium nitrate, which are crucial for various sectors such as agriculture, mining, and infrastructure. Known for its comprehensive product portfolio, Deepak Fertilizers serves both domestic and international markets. Recent developments might include strategic expansions or investments in technology to enhance production efficiency and capacity, although specific details are not provided here.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Deepak Fertilizers reported a total income of ₹2,591.58 crores. This represents a decrease of 5.9% from the previous quarter (Q2FY25) where the total income was ₹2,753.59 crores. However, on a year-over-year basis, there was a significant increase of 39.1% compared to ₹1,863.76 crores in the third quarter of the previous fiscal year (Q3FY24). This substantial year-over-year growth highlights the company's expanding revenue base. The quarterly decline indicates a change in revenue generation between consecutive quarters.
Profitability
In Q3FY25, Deepak Fertilizers achieved a profit before tax of ₹300.79 crores, which shows a marginal increase of 0.7% over the previous quarter's profit before tax of ₹298.67 crores. Despite the slight quarterly growth, the year-over-year comparison reveals a dramatic increase of 211.4% from ₹96.60 crores in Q3FY24. The tax expense for Q3FY25 was ₹47.70 crores, significantly lower by 43.6% compared to Q2FY25, but 32.2% higher than Q3FY24. The profit after tax stood at ₹253.09 crores, marking an 18.2% increase over the previous quarter and a substantial 318.1% increase year-over-year. The earnings per share rose to ₹19.90, up 19.9% from Q2FY25 and 332.6% from Q3FY24, reflecting strong profitability improvements.
Operating Metrics
Total expenses for Deepak Fertilizers in Q3FY25 were ₹2,290.79 crores, representing a decrease of 6.7% from the previous quarter's expenses of ₹2,454.92 crores. Compared to the same quarter in the previous year, expenses increased by 29.6% from ₹1,767.16 crores, indicating higher operational costs or expansion activities. The company's financial performance in terms of operating metrics shows effective management of costs relative to revenue, as evidenced by the significant year-over-year improvements in profitability despite rising expenses. The ability to maintain profitability with increased expenses highlights efficient operational practices.
