Deepak Nitrite Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024
May 20, 2024 at 09:12 pm IST
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Deepak Nitrite Limited reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported sales was INR 21,262.1 million compared to INR 19,613.6 million a year ago. Revenue was INR 21,453.4 million compared to INR 19,739.3 million a year ago.
Net income was INR 2,538.6 million compared to INR 2,338.6 million a year ago. Basic earnings per share from continuing operations was INR 18.61 compared to INR 17.15 a year ago.
Deepak Nitrite Limited is an India-based company, which is engaged in manufacturing and trading of chemicals. The Company operates through two segments: Advanced Intermediates and Phenolics. Its Advanced Intermediates segment offers sodium nitrite, sodium nitrate, nitro toluidines, fuel additives, nitrosyl sulphuric acid, xylidines, oximes, cumidines, specialty agrochemicals, optical brightening agent (OBA), diamino stilbene disulfonic acid (DASDA). Its Phenolics segment offers cumene, phenol, acetone, isopropyl alcohol, ammonium sulfate (AMS). The Company's products cater to several industries, such as colorants, rubber chemicals, explosives, dyes, pigments, food colors, pharmaceuticals, diesel blending, agrochemicals, glass, personal care, paper, detergents and textiles, laminates, ply, adhesive, paints, auto, pharmaceuticals, plastics, and others. The Company's manufacturing facilities are located at Nandesari, Dahej (Gujarat), Roha, Taloja (Maharashtra) and Hyderabad (Telangana).
DEEPAK NITRITE LIMITED 
