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05-Aug-2024

Deepak Nitrite

OP up 47%


'Consolidated net sales (including other operating income) of Deepak Nitrite has increased 22.54% to Rs 2166.84 crore.  Sales of Phenolics segment has gone up 37.06% to Rs 1,463.63 crore (accounting for 67.16% of total sales).  Sales of Advanced Intermediates segment has gone up 1.04% to Rs 715.69 crore (accounting for 32.84% of total sales).  Inter-segment sales rose Rs 7.85 crore to Rs 12.48 crore. 

Profit before interest, tax and other unallocable items (PBIT) has jumped 35.33% to Rs 274.08 crore.  PBIT of Phenolics segment rose 136.90% to Rs 207.57 crore (accounting for 75.73% of total PBIT).  PBIT of Advanced Intermediates segment fell 42.12% to Rs 66.51 crore (accounting for 24.27% of total PBIT). 

PBIT margin of Phenolics segment rose from 8.21% to 14.18%.  PBIT margin of Advanced ...



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