India's Deepak Fertilisers slips after quarterly profit nearly halves

Deepak Fertilisers and Petrochemicals

29/05/2026 05:08

** Shares of India's Deepak Fertilisers DPFE.NS fall as much as 7.2% to 1,344.20 rupees; last down 1.2%
** Fertilizer maker's fourth-quarter consolidated net profit fell 49.7% y/y to 1.39 billion rupees ($14.55 million), hurt by rising raw material costs
** Raw material costs rose 8.9% y/y
** Total expenses rose 19.2% y/y, outpacing a 12.9% y/y rise in revenue from operations
** YTD, stock up ~11.8%
     
($1 = 95.5600 Indian rupees)

(Reporting by Bipasha Dey in Bengaluru)
((Bipasha.Dey@thomsonreuters.com;))