Paradeep Phosphates Q2 results and expansion plans
pre-market1 source ↓written by the desknot a recommendation
Paradeep Phosphates Limited reported revenue from operations ₹6,872.20 cr and profit after tax ₹341.94 cr for Q2. The company announced two major capacity expansions: a granulation plant at Paradeep with a capex of ₹2,450 cr and a Phosphoric Sulphuric Acid plant in Mangalore with a capex of ₹1,150 cr. These projects aim for completion within 2.5 years.
Not investment advice. For informational purposes only.