💨 Abstract

The central government's increase in fertilizer subsidies is unlikely to improve the gross margins of fertilizer makers in the upcoming financial year, according to brokerage firm Anand Rathi. This is due to high global retail market prices and rupee depreciation, which are expected to keep margins at 32% in H1 2025-26, compared to 35% in the same period last year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖