Shares of Paradeep Phosphates declined more than 2% in early morning trade after the company reported its Q3 consolidated financial results, with investors reacting to margin pressure and a decline in net profit despite healthy revenue growth.
In the December quarter, Paradeep Phosphates posted consolidated revenue of ₹5,748.67 crore, registering a strong year-on-year growth of 15.21% compared with ₹4,989.55 crore in the same quarter last year. The topline performance was supported by higher volumes and steady demand for fertilisers across key agricultural regions.
However, operating profitability showed signs of stress. EBITDA for the quarter rose 7.84% year-on-year to ₹472.49 crore from ₹438.10 crore, but this growth lagged revenue expansion. As a result, EBITDA margin contracted by 56 bps to 8.21% from 8.78% in Q3 of the previous year, indicating higher input costs and operational pressures during the quarter.
Net profit for Q3 stood at ₹182.06 crore, marking a decline of 13.03% year-on-year from ₹209.34 crore.
