Paradeep Phosphates has received revision in credit ratings from ICRA as under:Long term rating (Rs 4,700 crore) - [ICRA]A; watch with developing implications Short term rating (Rs 8,000 crore) - [ICRA]A1; watch with developing implications Commercial paper (Rs 300 crore) - [ICRA]A1; watch with developing implicationsPowered by Capital Market - Live News

Net profit of Paradeep Phosphates declined 39.60% to Rs 108.92 crore in the quarter ended December 2023 as against Rs 180.33 crore during the previous quarter ended December 2022. Sales declined 41.00% to Rs 2595.03 crore in the quarter ended December 2023 as against Rs 4398.43 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales2595.034398.43 -41 OPM %10.898.44 - PBDT208.67289.45 -28 PBT153.51242.37 -37 NP108.92180.33 -40 Powered by Capital Market - Live News

Net profit of Paradeep Phosphates declined 39.76% to Rs 108.92 crore in the quarter ended December 2023 as against Rs 180.82 crore during the previous quarter ended December 2022. Sales declined 41.00% to Rs 2595.03 crore in the quarter ended December 2023 as against Rs 4398.43 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales2595.034398.43 -41 OPM %10.898.45 - PBDT208.67289.94 -28 PBT153.51242.86 -37 NP108.92180.82 -40 Powered by Capital Market - Live News

Paradeep Phosphates will hold a meeting of the Board of Directors of the Company on 5 February 2024.Powered by Capital Market - Live News

Net profit of Paradeep Phosphates rose 75.01% to Rs 89.43 crore in the quarter ended September 2023 as against Rs 51.10 crore during the previous quarter ended September 2022. Sales rose 28.61% to Rs 3683.02 crore in the quarter ended September 2023 as against Rs 2863.69 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales3683.022863.69 29 OPM %6.956.33 - PBDT171.05115.13 49 PBT120.3768.36 76 NP89.4351.10 75 Powered by Capital Market - Live News