Deepak Fertilisers Q4 Results: Net profit rises 21% to ₹278 crore; firm's net debt reduces on healthy cash generation

Deepak Fertilisers and Petrochemicals Corporation (DFPCL) on Thursday posted a 20.74% rise in consolidated net profit to ₹277.66 crore for the fourth quarter of the 2024-25 fiscal on higher income.

The company reported a net profit of ₹229.96 crore a year ago, according to a regulatory filing.

Its total income rose 26% to ₹2,716.99 crore during the January-March quarter of 2024-25, from ₹2,158.56 crore in the year-ago period.

The company's expenses remained higher at ₹2,396.99 crore against ₹1,862.20 crore.

For the full 2024-25 fiscal, the company posted a two-fold jump in consolidated net profit to ₹944.67 crore from ₹467.56 crore in the previous year.

Shares of Deepak Fertilisers closed 2.37% lower at ₹1,336.30 apiece on the NSE.

The company said its strategic investments are on track. The overall progress in the TAN project in Gopalpur is at 75%, and the same for the Nitric Acid project in Dahej is at 48%.

Bulk fertiliser manufactured sales volume in Q4 surged 68%, driven by increased adoption of the innovative crop focus nutrient solution, it added.

Despite a capex of ₹655 crore in FY25, the company's net debt reduced to ₹3,305 crore from ₹3,426 crore on healthy cash generation.

DFPCL Chairman and Managing Director SC Mehta said, "With an above-average monsoon forecast, we expect robust Kharif season demand for crop-specific solutions".

Mining chemicals growth from FY25 is likely to continue into FY26, driven by increasing power demand and infrastructure investments. The health sector is projected to expand, supported by government and private initiatives, boosting our pharma/speciality chemicals portfolio, he added.