Paradeep Phosphates Reports Q2FY27 Revenue of INR73.6bn, EBITDA of INR4.1bn
Sales volumes fell 25% year over year to 1mn tn, which the report attributed to below-normal monsoon conditions. Prabhudas Lilladher recommends accumulating the shares and sets a target of Rs 148.
Prabhudas Lilladher's research report on Paradeep PhosphatesParadeep Phosphates (PPL) reported consolidated revenue of INR73.6bn and EBITDA of INR4.1bn in Q2FY27. Sales volumes declined 25% YoY to 1mn tn, impacted by belownormal monsoon conditions. EBITDA/tn stood at ~INR4,075, compared with INR7,3…