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