Krishana Phoschem · tone and specificity signals across the available quarters.
Language signals
Our old facility is 3 lakh 30,000 tons and our new expanded facility is 1 lakh 65,000 tons. Total is 4 lakh 95,000 facilities and the turnover which you are expecting for 500 crores for 4 lakh 95,000 tons of NPK plus SSP is definitely achievable.
The reason for the AITA margin increase is that we have manufactured different NPK grades and we are now able to achieve better AITA margins than expected and we are confident that we will be able to keep track of the AITA margins which we have already achieved in the first quarter.
PT margin declined from 11% to 8.9% on quarter-on-quarter basis largely due to sharp rise in finance cost and depreciation as the new capacities have come online. Finance cost increased from Rs 13 crores to Rs 20 crores and depreciation from Rs 8.7 crores to Rs 13 crores due to new commissioned plants.
As regards industry trends, the Indian phosphatic fertilizer industry continues to undergo a significant evolution characterized by a notable shift from traditional DAP use towards balanced NPK and SS brands. This dynamics creates a distinct opportunity for agile integrated manufacturers like Krishna to capitalize on evolving farmer preferences.
What happens is it all depends on the company's policy how you are able to manage your suppliers, how you are able to manage your contractual positions in the industry or your suppliers, the inventory levels in your company. So this is all this may differ from company to company.
Look we are operating in a competitive environment not withstanding the domestic production being less than the demand. At the same time we are dependent on government subsidy and we have to look for the interest of farmers keeping in view the interest of our stakeholder and our company.