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Deepak Fertilisers and Petrochemicals Q4 Results: Profit Down 16% To Rs 215 Crore

The company's net profit for the quarter ended March 2024 drops to Rs 214.79 crore from Rs 254.88 crore in the year-ago period.

<div class="paragraphs"><p>Source: Unsplash</p></div>
Source: Unsplash

Deepak Fertilisers and Petrochemicals Corp. Ltd. has posted 16% decline in consolidated net profit to Rs 214.79 crore for the quarter ended March 2024. Its net profit stood at Rs 254.88 crore in the year-ago period. Total income fell to Rs 2,158.56 crore in the quarter from Rs 2,810.73 crore in the year-ago period, according to a regulatory filing on Wednesday.

During 2023-24, the company's net profit declined to Rs 442.51 crore from Rs 1,210.10 crore in the preceding year. Total income fell to Rs 8,798.85 crore from Rs 11,384.71 crore.

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