Deepak Nitrite Reports 13.8% Drop in YoY Net Profit for Q3 FY23

Deepak Nitrite Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The financials for Q3 of FY2023 show an increase in both Total Income and Net Profit when compared to Q2 of the same fiscal year. Revenue increased by 1.5% from 19.73 … Read more

Deepak Nitrite Ltd Reports 31.4% Drop in YoY Net Profit for Q2 FY23

Deepak Nitrite Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 25.6% to Rs 1.74 billion for the period ended Sept 30, 2022 as against net profit of Rs 2.34 billion for the previous quarter. Net sales decreased 4.5% to … Read more

India’s Deepak Nitrite Ltd Reports 22.5% Decline in YoY Net Profit for Q1 FY23

Deepak Nitrite Limited., a specialty chemical manufacturer based in India announced its results for the first quarter ended June 30, 2022. Q1 Results- QoQ The company’s net profit declined 12.2% to Rs 2.34 billion for the period ended June 30, 2022 as against net profit of Rs 2.67 billion for the previous quarter. Net sales … Read more

India’s Deepak Nitrite Reports 49.4% Growth in YoY Q2FY22 Net Profit

Deepak Nitrite Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021. Q2 Results- QoQ The company’s net profit declined 16% to Rs 254.34 crores ($34 million) for the period ended September 30, 2021 as against net profit of Rs 302.63 crores ($40.4 million) for the previous … Read more

India’s Deepak Nitrite Reports 68.4% Increase in Q4 2020-21 Net Profit

Deepak Nitrite Ltd., a chemical manufacturer in India, announced its results for the final quarter and financial year ended 31 March 2021. Q4 YoY Results: The company’s net profit increased 68.4% to Rs 290.11 crore ($39.2 million) in the quarter ended March 2021 as against Rs 172.3 crore ($23.3 million) during the prior year quarter. … Read more

Deepak Nitrite Incorporates Wholly Owned Subsidiary, DCTL

Deepak Nitrite Ltd has incorporated a wholly owned subsidiary company named Deepak Clean Tech Limited (DCTL) with effect from 9th October, 2020. “Deepak Nitrite Limited has subscribed to the Memorandum & Articles of Association to the extent of 100% of Share Capital of Deepak Clean Tech Limited, which has been incorporated under the Companies Act, … Read more

Deepak Phenolics Commissions IPA Plant in Dahej, India

Deepak Nitrite’s fully-owned subsidiary Deepak Phenolics to begin production of isopropyl alcohol (IPA) at its plant in Dahej, Gujarat, India. The company confirmed in its official disclosure to the Bombay Stock Exchange that the company commissioned a 30,000 metric ton per annum plant at Dahej to make Isopropyl Alcohol (IPA) from Acetone, thus significantly reducing … Read more

Deepak Nitrite Commissions $202 M Phenol-acetone Plant at Dahej, India

Deepak Nitrite, a chemical intermediates manufacturer announced on Saturday that it has successfully commissioned a Rs 1,400 crore ($202 million) phenol-acetone plant as reported by Business Standard. The new plant will help import savings of Rs 2,800 crore (about $400 million) for the company, the news report added. The plant set up through its wholly-owned … Read more