Revenue from operations for the April-June quarter spiked 57.9% to ₹3,754 crore against ₹2,377 crore in the corresponding period of the preceding fiscal. Shares of Paradeep Phosphates Ltd ended at ₹199.20, up by ₹9.60 or 5.06%, on the BSE.
Fertiliser company Paradeep Phosphates Ltd on Monday (July 28) reported that its first quarter net profit jumped 4,726.4% year-on-year (YoY) at ₹255.8 crore, up from ₹5.3 crore in Q1FY25.
Revenue from operations for the April-June quarter spiked 57.9% to ₹3,754 crore against ₹2,377 crore in the corresponding period of the preceding fiscal.
Also Read: Paradeep Phosphates says Central Pollution Control Board issues closure of notice to its Odisha plant
At the operating level, EBITDA zoomed 216.7% YoY to ₹466 crore over ₹147 last year. The EBITDA margin widened to 12.41% in the reporting quarter compared to 6.18% year-on-year
The results came after the close of the market hours. Shares of Paradeep Phosphates Ltd ended at ₹199.20, up by ₹9.60 or 5.06%, on the BSE.
Also Read: Paradeep Phosphates drops nearly 3% on closure of Goa plants
(Edited by : Shoma Bhattacharjee)
