Fertilizers and Chemicals Travancore, National Fertilizers, Rashtriya Chemicals and Fertilizers and Deepak Fertilisers & Petrochemicals Corporation rallied between 8 per cent and 18 per cent
Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) on Friday reported a 62 per cent increase in consolidated net profit to Rs 211 crore for the March quarter. Its net profit stood at Rs 130 crore in the year-ago period. Total income fell to Rs 2,177 crore during the fourth quarter of the last fiscal year from Rs 2,218 crore in the corresponding period of the preceding year. During the 2024-25 fiscal year, GNFC's net profit increased to Rs 597 crore from Rs 497 crore in the preceding year. Total income declined to Rs 8,393 crore last fiscal year from Rs 8,399 crore in the 2023-24 financial year. Commenting on the results, T Natarajan, Managing Director of GNFC, said, "The improved results are attributable to improved volumes apart from lower feed and fuel prices helping margin improvement. At Dahej complex, the shutdown period impacted the sales volumes." In case of fertilisers, he said the positive support of central government in announcing supportive NBS (nutrient based
Vedanta group firm Hindustan Zinc Ltd (HZL) is likely to begin the operation of its fertilizer manufacturing plant in Rajasthan by the next financial year, company's chairperson Priya Agarwal Hebbar has said. The company is making its entry into fertilizer production by setting a 0.5 million tonnes (MT) per annum manufacturing plant at Chanderiya in Chittorgarh district of Rajasthan. "Diversification is central to our growth strategy. Last year, we commissioned a 30 KTPA zinc alloy plant, significantly expanding our value-added products (VAP) portfolio. Including alloys, VAP now contributes 22 per cent to our total business. We are also entering the fertilizer segment with a (diammonium phosphate/nitrogen, phosphorous and potassium) plant expected to become operational by FY27," she said in a recent letter to shareholders. The plant aims to support farmers' needs through production and sale of DAP fertilizer currently being imported, according to the company's Q4 investor ...
There is a need for structuring a comprehensive and fool-proof set of incentives for farmers to voluntarily adopt non-chemical fertiliser-based farming practices, agriculture secretary Devesh Chaturvedi has said. Addressing an event organised by policy research institute Pahl India Foundation (PIF), Chaturvedi, secretary in the Department of Agriculture & Farmers' Welfare, also suggested that natural farming need not to remain confined to a niche market and said it should be mainstreamed so as to make nutritional products available for the common people. Also speaking at the event, former NITI Aayog Vice Chairman Rajiv Kumar said that to achieve nutritional, ecological and health security, a paradigm shift in agriculture is necessary and rigorous empirical research is needed to establish the viability of non-chemical farming in this regard. Harpinder Sandhu of Federation University, Australia, and Aditi Rawat, PIF, presented a methodology for a pan-India study to assess the ...
Coromandel International share price: Shares of Coromandel International, one of the flagship companies of Murugappa group, hit a new high of ₹2,338 today
Shares of Paradeep Phosphates hit a new high of ₹149, gaining 3.5 per cent on the BSE in Thursday's intra-day trade amid heavy volumes in an otherwise weak market.
GSFC, Paradeep Phosphates, Chambal Fertilisers, GNFC and Deepak Fertilisers were up in the range of 3% to 5% in intra-day trade.
In the past two days, the stock price of Paradeep Phosphates soared 16% after the India Meteorological Department (IMD) on Tuesday predicted an "above normal" monsoon in 2025.
Deal will secure DAP and complex fertilisers for Indian farmers, says Indian company
Broadly operating profit per tonne may increase by between ₹1,000-2,000 for affected companies
The Union Cabinet on Friday approved a Rs 37,216 crore subsidy on phosphatic and potassic (P&K) fertilisers for the Kharif (summer-sown) season this year as part of its efforts to provide soil nutrients at a reasonable rate. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a proposal for fixing the Nutrient Based Subsidy (NBS) rates for Kharif season 2025 (from April 1, 2025, to September 30, 2025,) on Phosphatic and Potassic (P&K) fertilisers. The budgetary requirement for Kharif season 2024 will be Rs 37,216.15 crore, Information and Broadcasting Minister Ashwini Vaishnaw told reporters here. The minister said the government has ensured that the retail prices of DAP (Di-ammonium phosphate) remain at the present level. The subsidy fund requirement for the Kharif season is around Rs 13,000 crore, more than the budgetary requirement for Rabi seasons 2024-25. The decision will ensure "availability of fertilisers to farmers at subsidised, affordable and ...
The United States further said it had also agreed with Russia and Ukraine to implement a ban on military strikes on each other's energy installations
Coromandel International Ltd, part of the diversified conglomerate Murugappa Group, has set a target to double the sulphur manufacturing capacity to 50,000 metric tonne and has opened the second manufacturing plant in Andhra Pradesh in this connection, a top official said. The facility in Visakhapatnam is aimed at ensuring a steady supply of high-quality Bentonite Sulphur fertilisers to the farmers. The production unit is the company's wholly backward integrated facility and produces approximately 12 LMT of complex fertilisers along with Phosphoric and Sulphuric acid. The site also hosts a Sulphur Fertiliser plant with 25,000 MT production capacity. "With the inauguration of this new plant, the company's Sulphur fertiliser capacity is doubled," a company statement here said on Thursday. Coromandel International Ltd Managing Director and CEO S Sankarasubramanian said, "At Coromandel we believe in delivering innovative and sustainable Agri-solutions to the farmers. By continuously ..
The government's initiative to promote the use of organic fertilizer could add a revenue of USD 2.6 billion for the biogas industry, the Indian Biogas Association (IBA) said on Sunday. The government has announced an amendment to encourage the use of organic fertilizer for farming methods that are more ecologically friendly, the IBA said in a statement. The Ministry of Agriculture and Farmers Welfare has made some changes in to the 1985 Fertilizer (Inorganic, Organic, or Mixed) (Control) Order and included 'Organic Carbon Enhancers' from Compressed Biogas (CBG) plants as a new variety of fertilizer. The change introduced in February 2025 is believed to be beneficial for farmers and the environment as it will help improve agriculture in the country, it stated. A R Shukla, President of the Indian Biogas Association, has hailed the amendment, saying, it will help improve soil's health as well as mitigate global warming. Organic fertilizer which is produced through the fermentation ..
India's Green Hydrogen Mission targets decarbonising fertiliser production
Fertiliser companies are set to post healthy earnings growth, driven by volume growth in the Urea biz and sizeable cost savings in producing phosphoric acid for complex fertiliser makers
Fertiliser major IFFCO, which has introduced nano liquid urea and nano liquid DAP, has now developed nano NPK nutrient and sought the government's approval to launch it in the market. IFFCO's MD U S Awasthi said the cooperative will launch nano NPK product, which is in granule form, after the necessary approval from the government. He said the company will produce this product at its Kandla unit. IFFCO will sell this product at Rs 950 per bag of 5 kg, Awasthi said, adding that this will significantly reduce the consumption of urea and DAP (di-ammonium phosphate). In September, he said that the cooperative has invested around Rs 2,000 crore since 2017 on its two new innovative products nano liquid urea and nano liquid DAP. He is hopeful that farmers will adopt these key nutrients in a big way over the next 2-3 years. IFFCO launched the world's first 'Nano Liquid Urea' fertiliser in June 2021. Thereafter, it came up with Nano-DAP fertiliser in April 2023. Nano urea is available at
Union Minister Anupriya Patel on Wednesday said the geopolitical disturbances this year caused disruptions in fertiliser supply chain and also impacted domestic availability of di-ammonium phosphate (DAP), but the government took many steps to overcome challenges of providing nutrients to farmers on time. Addresing an annual seminar of Fertilisers Association of India, Minister of State for Chemicals and Fertilizers Anupriya Patel said India's agricultural sector depends significantly on the import of some of the critical fertilizers like DAP (Di-ammonium phosphate), MoP (Muriate of Potash), NPKs and partially even urea. "And this year, there have been some geopolitical disturbances which led to supply chain disruption and that had an impact on the availability of fertilizers, especially of DAP in the country. But the Department (of fertilizers) rose to the occasion," she said. To overcome this challenge, Patel said the Centre took several proactive measures. "Along with the ...
He pointed out that "farmers often complain about receiving poor-quality inputs, resulting in significant losses"
Farmers in some Haryana districts are grappling with a DAP fertiliser shortage but the government has failed to take appropriate steps to address the issue, opposition Congress leaders and farmer activists in the state have alleged. Long queues of farmers have been seen at some places in the state and even the police had to be called in for crowd management. Targeting the government, Congress general secretary and Sirsa MP Kumari Selja said it has failed to take appropriate steps in time. She alleged that the shortage of di-ammonium phosphate (DAP) fertiliser, essential for the cultivation of mustard, wheat and some other crops, has forced farmers to stand in long queues and still they are not able to get enough to meet their needs. "In many places, the situation has become dire and farmers have been forced to hold protests and demonstrations. After urea, DAP is the most widely used fertiliser in the country," Selja said. DAP contains nitrogen and phosphorus, which are primary ...