Deepak Fertilisers and Petrochemicals Corporation Limited announced the permanent closure and dismantling of its 300 TPD Methanol Plant, expecting improved land use and environmental benefits. The company also released its Q3 2026 financial results, showing a net profit of ₹14.15 crore. The plant, operational since 1991, has outlived its economic utility.
Methanol Plant Closure
The Board of Directors has approved the permanent closure and dismantling of the 300 TPD Methanol Plant, situated at the K1 Unit. This plant has been non-operational since August 2021. Established in 1991, the plant’s closure is expected to free up land for alternative projects, enhance environmental sustainability, and reduce resource consumption.
Financial Performance: Q3 2026
Deepak Fertilisers reported unaudited standalone financial results for Q3 2026. Key highlights include:
- Revenue from operations: ₹401.18 crore
- Other income: ₹29.11 crore
- Total income: ₹430.29 crore
- Profit before tax: ₹16.77 crore
- Net profit after tax: ₹14.15 crore
Earnings per share for the quarter stood at ₹0.85.
Financial Performance: Nine Months Ended December 31, 2025
The cumulative performance for the nine months ending December 31, 2025, showcases the following:
- Revenue from operations: ₹1489.79 crore
- Total income: ₹1555.58 crore
- Net profit after tax: ₹147.67 crore
The earnings per share for the nine-month period is ₹11.70.
Consolidated Financial Highlights
Key consolidated financial figures for Q3 2026 include:
- Revenue from operations: ₹2830.07 crore
- Total income: ₹2876.23 crore
- Profit before tax: ₹194.51 crore
- Net profit after tax: ₹141.49 crore
The consolidated earnings per share for the quarter is ₹11.21. Total comprehensive income for the quarter amounts to ₹130.21 crore.
Source: BSE
