07 August 2015

Deepak Fertilizers (DFPCL) Q1 FY15-16 Results : Total income rises 13%

Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL) has announced its first quarter numbers for the current fiscal Fy15-16. The company posted a phenomenal increase in total income of the company which grew 13% to Rs 1072.18 crore, while the total income was 945.04 crore in the same quarter of last year.

The net profit for the period Q1 (ending Jun 2015) of the current fiscal (FY15-16) rises 16.65% to Rs 65.34 crore in comparison to Rs 56.01 crore of Q1 (ending Jun 2015) of previous year(FY14-15). Raigad, Maharashtra based Deepak Fertilisers & Petrochemical Corporation Limited (DFPCL) is a leading Manufacturer of Industrial Chemicals like methanol, nitric acid, ammonium nitrate and micronutrient fertilisers.

Share’s Data :-
BSE Code : 500645
Mkt. Cap : Rs 1,228.45 Crores
Deepak Fertilizers share’s CMP is Rs 135.55 on 7th Aug 2015.

Stay tuned to Fertilizer News for more details on Deepak Fertilisers and Petrochemicals Corporation (DFPCL) !

29 May 2015

National Fertilizers Limited (NFL) Q4 FY2014-15 Results : Net loss of Rs 100.57 crore

National Fertilizers Limited (NFL), one of the premier manufacturers of nitrogenous fertilizers in the country, has posted a loss of Rs 100.57 crore in the fourth quarter (Q4) (ending Mar 2015) due to fall in sales. National Fertilizers Limited (NFL), a Public Sector Mini Ratna company is the largest Urea producing organization in the country with 5 units namely at Panipat (Haryana), Bathinda (Punjab), Naya Nangal (Punjab) and Vijaypur (M.P.)-2 Units.

The company informed the share market (BSE/NSE) that the total sales dipped to Rs 1,554.97 crore from Rs 1,973.25 crore in the same quarter previous year.

For the Audited full year 2014-15, the company reported a net profit of Rs 26.24 crore. In 2013-14 fiscal, it has posted a net loss of Rs 89.71 crore.

Share’s Data :-
BSE Code : 523630
Face Value : Rs 10.00
52week H/L : Rs 47.90 - 25.45
Market Cap. : Rs 13.68 Crores
National Fertilizers Ltd. share’s CMP is Rs 27.55 on 29th May 2015.

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17 May 2015

Cabinet (CCEA) clears New Urea Policy 2015

The Cabinet Committee on Economic Affairs (CCEA) has cleared the New Urea Policy 2015 on last Thursday. The New Urea Policy 2015 has set a target of 2 million tonnes increment in urea production in the country. The New Urea Policy 2015 is focusing mainly to increase urea production in the country as there is a huge 8 million tonnes gap in supply-demand in urea. Indian urea fertilizer producing companies are producing around 22 million tonnes against the demand of 30 million tonnes. This gap of 8 million tonnes of urea is mainly filled by import of urea from other countries.

The government currently controls the urea price for farmers at Rs 268 per bag of 50 kg urea.

Stay tuned to Fertilizer News for more news on New Urea Policy 2015 !