February 10, 2017 / 9:11 AM / 6 months ago

BRIEF-Deepak Fertilisers & Petrochemicals Dec-qtr profit more than doubles

Feb 10 (Reuters) - Deepak Fertilisers and Petrochemicals Corp Ltd

* Dec quarter net profit 466.2 million rupees

* Dec quarter total income from operations 10.59 billion rupees

* Net profit in Dec quarter last year was 227.4 million rupees as per Ind-AS; total income from operations was 11.08 billion rupees

* Says volumes of technical ammonium nitrate were impacted due to balance invetory of cheap imports

* Low purchasing power of farmers due to demonetisation during rabi sowing period impacted performance

* Says the new NPK plant is ready for commercial production Source text: bit.ly/2lxJHue Further company coverage:

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