Deepak Fertilisers Reports 318% YoY Surge in Net Profit for Q3 FY25

Pune, January 30, 2025 – Deepak Fertilisers and Petrochemicals Corporation Limited (NSE: DEEPAKFERT, BSE: 500645) has announced strong financial results for the third quarter and nine months ended December 31, 2024, reporting record revenue and profitability growth.

Key Financial Highlights (Q3 FY25 - Consolidated)​

• Revenue from Operations: ₹2,579 crores (vs. ₹1,853 crores in Q3 FY24), marking a 39% YoY increase.
• Total Income: ₹2,591 crores (vs. ₹1,864 crores in Q3 FY24).
• Operating EBITDA: ₹486 crores, up 72% YoY, with EBITDA margins improving to 19% (vs. 15% YoY).
• Net Profit (PAT): ₹253 crores, a phenomenal 318% YoY growth.
• Basic EPS: ₹19.86 (vs. ₹4.56 in Q3 FY24).

Nine-Month Financial Overview (9MFY25)​

• Total Revenue: ₹7,607 crores (vs. ₹6,590 crores in 9MFY24), reflecting 15% YoY growth.
• Operating EBITDA: ₹1,445 crores (vs. ₹849 crores in 9MFY24), up 70% YoY.
• Net Profit: ₹667 crores (vs. ₹238 crores in 9MFY24), an 181% increase YoY.
• PAT Margins: 9%, compared to 4% in 9MFY24.

Segment-Wise Performance​

Mining Chemicals (Technical Ammonium Nitrate)​

• Sales volume surged 19% YoY in Q3 FY25, reaching 129 KMT.
• LDAN sales volume grew 10% YoY, a 16% increase over the first 9 months.

Industrial Chemicals​

• IPA Sales Volume increased 36% YoY to 17.48 KMT, driven by strong pharmaceutical demand.
• Nitric Acid Volumes rose 4% year over year in Q3 but declined 3% over nine months due to increased imports of Nitroaromatics.

Crop Nutrition Business (Fertilisers)​

• Bulk fertilizer sales surged 64% YoY, reaching 231 KMT in Q3 FY25.
• Smartek & Croptek saw 186% and 56% YoY growth, respectively, reflecting strong adoption of Nutrient Unlocking Technology.

Strategic Developments & Future Outlook​

• CAPEX Plans: Expansion at Gopalpur (Technical Ammonium Nitrate) and Dahej (Nitric Acid) is on track.
• Ammonia Plant: Operational since August 2023, ensuring supply chain stability and cost efficiency.
• Demerger Strategy: Approved by NCLT and expected to unlock growth across business segments.

Management Commentary​

S.C. Mehta, Chairman & Managing Director, stated:

"Our Q3 FY25 results showcase the strength of our transition from commodity products to high-value specialty solutions. With a robust demand outlook, our focus remains on strategic expansion, backward integration, and product innovation."

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Deepak Fertilisers continues to lead in mining, industrial chemicals, and crop nutrition, leveraging technological advancements and market growth strategies.