Deepak Fertilisers Q1 net profit dips by 6%

摘要

DEEPAK Fertilisers and Petrochemicals Corporation (DFPC) posted a 6% fall in standalone net profit at Rs 42.73 crore during the first quarter of this fiscal, due to higher expenses. It had clocked a net profit of Rs 45.50 crore in the same quarter previous year, the company said in a BSE filing. The profits fell slightly in April-June of 2013-14 fiscal as the company's expenditure remained higher at Rs 673.7 crore, against Rs 554.61 crore in the same period in 2012-13. However, its net income rose by 27% to Rs 742.55 crore from Rs 633.16 crore in the review period.