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Last Updated : Feb 10, 2015 05:04 PM IST | Source: CNBC-TV18

Deepak Fertilizers Q3 profit may fall 77% to Rs 15 cr: Poll

Deepak Fertilizers and Petrochemical Corporation's third quarter net profit is seen falling 77 percent year-on-year to Rs 15 crore due to lower operating income and revenues, according to a CNBC-TV18 poll.

 
 
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Deepak Fertilizers and Petrochemical Corporation's third quarter net profit is seen falling 77 percent year-on-year to Rs 15 crore due to lower operating income and revenues, according to a CNBC-TV18 poll.


Net sales may decline 9 percent to Rs 920 crore during October-December quarter from Rs 1,007 crore in the year-ago period, impacted by lower volumes. Lower volumes may be on account of gas supply disruption.


Operating profit (EBITDA) is expected to drop 47 percent year-on-year to Rs 70 crore and margin may decline 540 basis points to 7.6 percent in the quarter gone by.

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However, the better chemical realizations are expected to partially set off the impact.

First Published on Feb 10, 2015 05:04 pm
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