Paradeep Phosphates Reports Strong Financial Growth Amid Rising Borrowing Costs in March 2025

Paradeep Phosphates, a midcap player in the fertilizers industry, has recently reported its financial results for the quarter ending March 2025. The results indicate a very positive financial performance, with the company's score remaining stable over the last three months.
In terms of net sales, Paradeep Phosphates achieved Rs 7,598.94 crore, reflecting a significant year-on-year growth of 57.08%. This upward trend in sales is indicative of strong demand in the near term. Additionally, the profit before tax (PBT) for the quarter stood at Rs 180.84 crore, marking a growth of 58.5% compared to the average of the previous four quarters. Similarly, the profit after tax (PAT) reached Rs 160.03 crore, which is a 54.9% increase over the same average.

On the balance sheet front, the company reported a debt-equity ratio of 1.07 times, the lowest in the last five half-yearly periods, suggesting a reduction in borrowing relative to equity capital. However, it is noteworthy that interest expenses have risen to Rs 103.10 crore, the highest in the last five quarters, indicating increased borrowing costs. Furthermore, non-operating income has also peaked at Rs 42.13 crore, raising questions about its sustainability.

Overall, Paradeep Phosphates has experienced notable developments in its financial metrics, leading to adjustments in its evaluation.

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