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21-May-2024

Deepak Nitrite

Sales up 8%, NP up 9%

'Consolidated net sales (including other operating income) of Deepak Nitrite has increased 8.40% to Rs 2126.21 crore.  Sales of Phenolics segment has gone up 25.32% to Rs 1,466.11 crore (accounting for 68.60% of total sales).  Sales of Advanced Intermediates segment has gone down 16.17% to Rs 671.07 crore (accounting for 31.40% of total sales).  Inter-segment sales rose Rs 9.02 crore to Rs 10.97 crore. 

Profit before interest, tax and other unallocable items (PBIT) has jumped 8.43% to Rs 340.03 crore.  PBIT of Phenolics segment rose 16.43% to Rs 206.13 crore (accounting for 60.62% of total PBIT).  PBIT of Advanced Intermediates segment fell 1.93% to Rs 133.90 crore (accounting for 39.38% of total PBIT). 

PBIT margin of Phenolics segment fell from 15.13% to 14.06%.  PBIT margin of Advanced...



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