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    HomeNewsBusinessEarningsDeepak Fertilizers sees over 3-fold jump in Q2 net profit to Rs 80.55 crore

    Deepak Fertilizers sees over 3-fold jump in Q2 net profit to Rs 80.55 crore

    Net income for the September quarter rose to Rs 1,418.47 crore from Rs 1,181.47 crore in the year-ago period.

    PTI
    November 03, 2020 / 19:07 IST

    Deepak Fertilizers and Petrochemicals on November 3 posted an over three-fold jump in its consolidated net profit to Rs 80.55 crore for the second quarter of the current fiscal on higher income.

    The company had posted a net profit of Rs 25.50 crore in the same quarter of the previous financial year, according to a regulatory filing.

    Net income for the September quarter rose to Rs 1,418.47 crore from Rs 1,181.47 crore in the year-ago period.

    Expenses remained higher at Rs 1,306.42 crore as against Rs 1,151.61 crore in the same period a year ago.

    Shares of the company were trading at Rs 151 apiece on BSE, up 1.21 percent over previous close.

    PTI
    first published: Nov 3, 2020 07:07 pm

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