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Deepak Fertilisers shares climb 9%qrcode

Mar. 31, 2020

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Mar. 31, 2020
The company is the only Indian manufacturer of specialty chemical IPA (isopropyl alcohol), a key ingredient for sanitisers. It may benefit from rising demand for cleansers amid the Covid-19 outbreak.
 
Financials
 
Deepak Fertilisers & Petrochemicals Corporation Ltd., incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 643.01 Crore) operating in Fertilisers sector.
 
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 1119.49 Crore, down -2.72 % from last quarter Sales of Rs 1150.74 Crore and down -22.97 % from last year same quarter Sales of Rs 1453.38 Crore Company has reported net profit after tax of Rs 30.46 Crore in latest quarter.
 
Deepak Fertilisers & Petrochemicals Corporation Ltd. key Products/Revenue Segments include Industrial Chemicals (Traded) which contributed Rs 3126.80 Crore to Sales Value (99.29 % of Total Sales), Power Generation which contributed Rs 8.18 Crore to Sales Value (0.25 % of Total Sales) and Other Operating Revenue which contributed Rs 4.19 Crore to Sales Value (0.13 % of Total Sales)for the year ending 31-Mar-2019.
 
Promoters holding
 
Promoters held 51.61053 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 1119.49 crore and net profit of Rs 30.46 crore.
 

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