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Gujarat State Fertilizers & Chemicals reported a 38.2% year-on-year drop in second-quarter net profit to ₹200.2 crore, even as revenue rose 48.8%. Sulphur and natural gas cost surges squeezed EBITDA margins to 3%.
Higher sulphur and gas costs are squeezing Indian fertilizer producers, which can curb phosphate output and support DAP prices, though this single company result has limited direct effect on feed markets.
cnbctv18.comJomy Jos PullokaranNov 2, 2026After 156 past report events, DAP moved a median 0.0% over 5 sessions (45% higher; middle half -0.6% to +0.9%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
