EBITDA (including other income) doubled to ₹493 crore, while profit before tax (PBT) stood at ₹342 crore.
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Paradeep Phosphates Ltd reported a net profit of ₹256 crore in the June quarter of the current financial year on strong fertiliser sales, over the same period last year at ₹6.33 crore.
Revenues from operations for the quarter were up 58 per cent at ₹3,754 crore over the same period last year at ₹2,377 crore. EBITDA (including other income) doubled to ₹493 crore, while profit before tax (PBT) stood at ₹342 crore.
Operationally, PPL achieved production of 6.64 lakh tonnes and primary sales of 7.42 lakh tonnes, representing 23 per cent and 34 per cent year-on-year growth, respectively. The company served over 9.5 million farmers across 15 states through a network of over 95,000 retail points. Demand was led by crop- and soil-specific NPK grades, with N-20 sales reaching a record 2.24 lakh tonnes.
PPL also achieved high point-of-sale (POS) sales velocity, improving receivables and working capital efficiency, while continuing its innovation-led approach by selling nearly 7 lakh bottles of nano fertilisers.
Production of intermediaries also saw strong growth, with phosphoric acid volumes rising 22 per cent YoY to 113 Kilo Tonnes Per Annum (KTPA) and sulphuric acid production increasing 30 per cent YoY to 283 KTPA.
Despite an upswing in key raw material prices, PPL leveraged its long-term supplier relationships, strategic sourcing, and on-site storage capabilities to maintain cost efficiency and supply continuity.
Suresh Krishnan, Managing Director & CEO of Paradeep Phosphates, said: “PPL delivered a strong financial and operational performance in Q1, aided by favourable rainfall and healthy reservoir levels. Our operational momentum translated into record sales volumes, driven by N-20 and our value-added NPK grades N-10, N-12, and N-19. Year-on-year sales and production volumes rose 34 per cent and 23 per cent, respectively, reflecting both market demand and our execution strength.
Our backward integration projects remain firmly on track, positioning us to further enhance profitability margins over the medium term. At the same time, we continue to demonstrate fiscal discipline, with a lean cash conversion cycle and a healthy net debt-to-equity position. In June, we also secured shareholder approval for our merger with MCFL, which is now advancing through its final regulatory stages. Looking ahead, we remain committed to creating value for our stakeholders by leveraging PPL’s integrated value chain capabilities — from global sourcing and efficient production to expansive distribution and trusted brand equity — to better serve the soils and farmers of India.”
Published on July 30, 2025
