New Delhi, July 29 -- Paradeep Phosphates share price soared by nearly 13% to touch a 52-week high during Tuesday's trading session following the company's impressive results for the June quarter (Q1FY26). The company's net profit experienced a staggering increase of 4,726.4% year-on-year (YoY), reaching Rs.255.8 crore, up from just Rs.5.3 crore in the same quarter last year.
For the April-June quarter, revenue from operations climbed by 57.9% to Rs.3,754 crore compared to Rs.2,377 crore during the corresponding period of the previous fiscal year. The rise in sales led to a significant boost in the company's profitability.
(more to come)
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