Fertilizers company Paradeep Phosphates announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Total Income in Q2FY25 is Rs 3,844 crore, up by 4% YoY. Total production volumes stood at 693,311 MT, reflecting a 5% YoY increase. Total sales volumes of finished fertilizers reached 865,286 MT, marking an 18% year-over-year increase. Sales volumes exceeded production by 25%, re-inforcing the company’s distribution strengths and strong brand equity. EBITDA for Q2FY25 stood at Rs 440 crore, an increase of 65% YoY, while PBT stood at Rs 296 crore, marking an increase of 146% YoY. Net debt to equity improved by nearly 25% to 0.82 in Q2FY25 compared to the start of the year. Key raw material prices witnessed an upward trend from Q1FY25 to Q2FY25. Surplus cash generated from operations stood at Rs 1,238 crore. H1FY25 Financial Highlights: Total Income in H1FY25 is Rs 6,221 crore. Total Production Volumes stood at 1,232,504 MT, while Total Sales Volumes reached 1,419,857 MT. EBITDA for H1FY25 stood at Rs 607 crore, while PBT amounted to Rs 310 crore. New product sales volumes for nano-fertilizers were over 6 Lakh bottles and for TSP were 63,330 MT in H1. With favorable monsoon conditions, healthy reservoir levels, robust crop prices above MSPs, and moderate fertilizer inventory levels in the country, fertilizer demand is projected to remain strong throughout the Rabi season of FY25. S Krishnan, Managing Director & CEO, Paradeep Phosphates said: “In Q2 FY25, we benefited from favorable conditions, including good monsoons, healthy reservoir levels, and robust crop prices. We achieved strong volume growth across our diverse portfolio of NPK fertilizers, further reinforced by the acceptance of our climateand soil-friendly products like nano-fertilizers and TSP. Our strategic approach to raw material sourcing and diligent operational management improved our financial leverage, resulting in a 25% reduction in our net debt-to-equity ratio. The board has also approved plans to increase our phosphoric acid capacity targeting 100% backward integration across all manufacturing sites. These initiatives will enhance our earnings quality and position us for sustainable growth. Looking ahead, I am optimistic about the upcoming Rabi season, which we anticipate will mirror the strong demand seen in Kharif. With our robust supply chain linkages and backward integration capabilities, along with our diverse product offerings and strong channel partnerships, we are well-equipped to serve Indian farmers and soils effectively. We will continue to prioritize our ESG initiatives as a core aspect of our growth strategy. I want to extend my heartfelt gratitude to all stakeholders for their ongoing support in our journey.” Result PDF