{"id":71648,"date":"2022-11-05T18:50:00","date_gmt":"2022-11-05T13:20:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=71648"},"modified":"2022-11-05T18:43:27","modified_gmt":"2022-11-05T13:13:27","slug":"bix-results-paradeep-phosphates","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/bix-results-paradeep-phosphates\/","title":{"rendered":"Paradeep Phosphates Q2 Results: Consolidated net profit down 71% to Rs 51 cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-434136026\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Paradeep Phosphates Ltd&#8217;s consolidated net profit declined 71 per cent to Rs 51.10 crore in the quarter ended September 2022 on higher expenses.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2147046341\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>Its net profit stood at Rs 175.19 crore in the year-ago period.<\/p>\n<p>Total income, however, rose to Rs 2,869.81 crore in the quarter from Rs 1,937.61 crore in the corresponding period of previous year, according to a regulatory filing.<\/p>\n<p>Paradeep Phosphates produces a wide range of phosphatic grades including DAP, N-10, N-12, N-14, N-19, N-20 and N-28. The company\u2019s Goa plant also produces urea.<\/p><div class=\"trade-content_5\" id=\"trade-1353803369\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>It is also a major supplier of various industrial products like phospho gypsum, Zypmite, Hydrofluorosilicic Acid (HFSA) and sulphuric acid.<\/p>\n<p>In May 2022, the company successfully completed a Rs 1,500 crore initial public offering (IPO) and used part of the proceeds to complete the acquisition of the 1.2 million tonne fertilizer plant in Goa.<\/p>\n<p>It has a total capacity of 3 million tonne, of which 0.4 million tonne is urea and the remaining 2.6 million tonne is phosphatic fertilisers. The company has two manufacturing facilities, one at Paradeep in Odisha and another at Zuarinagar, Goa. PTI MJH MJH ANU ANU<\/p>\n<div class=\"trade-after-content\" id=\"trade-2634803684\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Paradeep Phosphates Ltd&#8217;s consolidated net profit declined 71 per cent to Rs 51.10 crore in the quarter ended September 2022 on higher expenses. Its net profit stood at Rs 175.19 crore in the year-ago period. Total income, however, rose to Rs 2,869.81 crore in the quarter from Rs 1,937.61 crore in the corresponding period of [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":43302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-71648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Paradeep Phosphates Q2 Results: Consolidated net profit down 71% to Rs 51 cr - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/bix-results-paradeep-phosphates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paradeep Phosphates Q2 Results: Consolidated net profit down 71% to Rs 51 cr\" \/>\n<meta property=\"og:description\" content=\"Paradeep Phosphates Ltd&#8217;s consolidated net profit declined 71 per cent to Rs 51.10 crore in the quarter ended September 2022 on higher expenses. 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