Deepak Fertilisers reports 22% rise in Q1 net profit

Deepak Fertilisers & Petrochemicals Corporation has reported unaudited results for the first quarter ended June 30, 2011.

The company’s net profit after tax for the quarter ended June 30, 2011 rose by 22.49% at Rs 63.94 crore as compared to Rs 52.20 crore for the corresponding quarter last year. Its total income from operation increased 35.18% at Rs 473.87 crore for the quarter under review from Rs 350.54 crore for the same quarter last year.

Deepak Fertilisers & Petrochemicals has over two decades of rich experience and expertise in the field of gas-based ammonia to nitric acid to AN solution / LDAN. It is the market leader in LDAN in India.