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08-Nov-2023

Deepak Nitrite

PBIT margins up 310 bps to 15.3%


'Consolidated net sales (including other operating income) of Deepak Nitrite has declined 9.36% to Rs 1778.05 crore.  Sales of Phenolics segment has gone down 12.77% to Rs 1,120.13 crore (accounting for 62.57% of total sales).  Sales of Advanced Intermediates segment has gone down 2.20% to Rs 670.20 crore (accounting for 37.43% of total sales).  Inter-segment sales rose Rs 7.73 crore to Rs 12.28 crore. 

Profit before interest, tax and other unallocable items (PBIT) has jumped 13.59% to Rs 273.77 crore.  PBIT of Phenolics segment rose 65.98% to Rs 170.40 crore (accounting for 62.24% of total PBIT).  PBIT of Advanced Intermediates segment fell 25.28% to Rs 103.37 crore (accounting for 37.76% of total PBIT). 

PBIT margin of Phenolics segment rose from 7.99% to 15.21%.  PBIT margin of Advance...



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