Deepak Fertilisers and Petrochemicals Corporation reported strong second-quarter results for FY27, with consolidated net profit rising 84.7% year-on-year to Rs 393.8 crore, up from Rs 213.2 crore a year earlier. Revenue increased 10.9% to Rs 3,334 crore from Rs 3,006 crore, while EBITDA rose 61.4% to Rs 749 crore and the EBITDA margin expanded to 22.5% from 15.4%.
Chairman and Managing Director SC Mehta said the company delivered its best-ever first-half performance despite market volatility and supply-chain disruptions linked to the US-Iran conflict, crediting an integrated LNG-to-ammonia-to-downstream value chain. The technical ammonium nitrate business recorded a 25% rise in revenue even as sales volumes fell 8%, which the company attributed largely to the monsoon and an export ban. Business-to-consumer revenue grew 40%, while nitric acid volumes increased 14% to 80 kilotonnes.S1
The crop nutrition business faced headwinds from deficient rainfall in key markets, limited phosphoric acid availability, higher raw material costs and elevated industry inventories, and the company said it is focusing on irrigated and high-potential markets. Deepak Fertilisers is also nearing completion of two major expansion projects, a nitric acid complex at Dahej and a technical ammonium nitrate project at Gopalpur.S1
Patanjali Foods reported a different picture, with net profit falling 19% year-on-year to Rs 420 crore even as revenue from operations rose 15.55% to Rs 11,322.58 crore from Rs 9,798.84 crore. Total expenses climbed around 18% to Rs 10,997.51 crore, a gap the company set against a backdrop of rising inflation, with retail inflation moving from about 4.45% in July to 5.54% in September, the highest since the revised CPI series began in January.S2
Food inflation climbed to 7.7%, with price pressures sharper in rural markets where a deficient monsoon and El Niño conditions weighed on sentiment. Patanjali's CEO Sanjeev Asthana said Doodh Biscuits, Nutrela, Saundarya and Dant Kanti sustained growth, and that a shift in festive timing, with Navratri falling in October this year, influenced the spread of demand across quarters. The company expects growth momentum to continue into the upcoming wedding season.S2
