Deepak Fertilizers and Petrochemicals Corporation announced that the Annual General Meeting (AGM) of the company will be held on 18 September 2018.

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Net profit of Deepak Fertilizers & Petrochemicals Corp rose 111.71% to Rs 54.07 crore in the quarter ended March 2018 as against Rs 25.54 crore during the previous quarter ended March 2017. Sales rose 93.72% to Rs 1121.34 crore in the quarter ended March 2018 as against Rs 578.85 crore during the previous quarter ended March 2017.

For the full year,net profit rose 25.02% to Rs 112.89 crore in the year ended March 2018 as against Rs 90.30 crore during the previous year ended March 2017. Sales rose 55.90% to Rs 3172.84 crore in the year ended March 2018 as against Rs 2035.12 crore during the previous year ended March 2017.

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Net profit of Deepak Fertilizers & Petrochemicals Corp rose 20.89% to Rs 38.54 crore in the quarter ended March 2018 as against Rs 31.88 crore during the previous quarter ended March 2017. Sales rose 60.99% to Rs 1900.08 crore in the quarter ended March 2018 as against Rs 1180.28 crore during the previous quarter ended March 2017.

For the full year,net profit rose 6.13% to Rs 164.10 crore in the year ended March 2018 as against Rs 154.62 crore during the previous year ended March 2017. Sales rose 45.00% to Rs 5977.82 crore in the year ended March 2018 as against Rs 4122.61 crore during the previous year ended March 2017.

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Deepak Fertilisers & Petrochemicals Corporation announced that the Board of Directors of the Company at its meeting held on 30 May 2018, has recommended a final dividend of Rs.6 per share (i.e. 60%), subject to the approval of the shareholders.

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