Paradeep Phosphates Secures 75,000 MTPA Green Ammonia Allocation in Landmark Auction Aug 01, 2025
More news about Paradeep Phosphates
30Jul 25
Paradeep Phosphates' Promoter Enters Agreement to Maintain Majority Control
Zuari Maroc Phosphates Private Limited (ZMPPL), the promoter of Paradeep Phosphates Limited (PPL), has entered into a strategic agreement with shareholders to maintain over 50% control of PPL. This move precedes a planned scheme of arrangement between PPL and Mangalore Chemicals and Fertilizers Limited. The agreement, dated July 29, 2025, involves ZMPPL, Zuari Agro Chemicals Limited, and OCP S.A. It authorizes ZMPPL as the sole entity to acquire additional securities in PPL on behalf of the promoter group. The agreement will take effect when the scheme of arrangement is implemented, with no immediate impact on PPL's management or control.
29Jul 25
Paradeep Phosphates Reports Strong Q1 Performance with 3x EBITDA Growth and 58% Revenue Jump
Paradeep Phosphates Ltd (PPL) shares surged 17.5% to a new 52-week high of Rs 234.05 following impressive Q1 earnings. The company reported a 59.9% year-on-year increase in consolidated net profit to Rs 255.85 crore. Revenue jumped 58% and EBITDA tripled compared to the same quarter last year. EBITDA margin expanded by 248 basis points to 12.40%. PPL is focusing on backward integration, merger with MCFL, and product diversification for future growth.
28Jul 25
Paradeep Phosphates Reports Stellar Q1 Performance with 40-Fold Surge in Net Profit
Paradeep Phosphates Limited reported strong Q1 FY24 results. Revenue increased 57.9% to ₹3,754.06 crore. Net profit surged 40-fold to ₹256.36 crore. EBITDA tripled to ₹466.00 crore, with margin expanding to 12.41%. EPS improved to ₹3.14. The company's performance indicates robust growth and improved operational efficiency.
16May 25
Paradeep Phosphates to Receive ₹535 Million Subsidy Following Court Order
Paradeep Phosphates Limited, a major Indian fertilizer company, has received a favorable court ruling ordering the release of a ₹535.00 million subsidy. This decision is expected to positively impact the company's financial position, potentially improving cash flow and supporting operations. The specific details of the court case and the nature of the subsidy were not disclosed.
Paradeep Phosphates announced impressive Q4 FY23 results, with net profit soaring to ₹1.60 billion from ₹203.00 million in Q4 FY22, marking a 688% increase. Revenue rose by 56% to ₹34.90 billion. The company declared a dividend of ₹1.00 per equity share.
Paradeep Phosphates Limited announced impressive Q4 FY2023-24 results with revenue up 55.80% to ₹3,490.00 crore, EBITDA rising 133.33% to ₹350.00 crore, and net profit surging 688.18% to ₹160.00 crore. However, annual performance saw declines with revenue down 13.23% to ₹11,575.10 crore and net profit falling 67.34% to ₹99.20 crore. The company declared a dividend of ₹1.00 per equity share.
20Mar 25
Paradeep Phosphates Resumes Production at Ammonia and Urea Plants in Goa
Paradeep Phosphates Limited (PPL) has restarted its ammonia and urea plants in Goa on March 20, 2025, following a brief shutdown announced on March 12, 2025. The resumption of production at these facilities is expected to positively impact the company's operations in the fertilizer industry.
12Mar 25
Paradeep Phosphates Halts Ammonia and Urea Production in Goa Due to Equipment Breakdown
Paradeep Phosphates Limited (PPL) has shut down its ammonia and urea production plants in Goa due to a breakdown of the synthesis gas compressor in the ammonia plant. The company announced this closure on March 12, 2025, through a regulatory filing. No specific timeline for resuming operations has been provided. This unexpected shutdown could impact PPL's supply chain and market commitments in the short term. The company has stated it will inform stakeholders once production resumes.