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Deepak Fertilisers Revenue crosses  Rs. 7,500, posts PBT over Rs. 1,000 Cr

Deepak Fertilisers Revenue crosses Rs. 7,500, posts PBT over Rs. 1,000 Cr

Deepak Fertilisers And Petrochemicals Corporation Limited in its results for quarterending March 31, 2022 has announced its revenue crossedRs. 7,500 Cr and profit befor tax (PBT) crosses Rs. 1,000 crore. The company’s board has recommended 90% dividend.

While its Greenfield Ammonia Project Moving was on track to strengthening the Synergistic Business Model, Q4 EBITDA grew by +84%. Margins grew from 17% to 25%. 
Strong Cash Flow Generation from Operation of Rs. 1,211 Cr in FY22 has been reported while net debt has been reduced by Rs. 400 Crore.