Deepak Nitrite Limited Reports Earnings Results for the Full Year Ended March 31, 2024
May 20, 2024 at 11:42 am EDT
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Deepak Nitrite Limited reported earnings results for the full year ended March 31, 2024. For the full year, the company reported sales was INR 76,818.3 million compared to INR 79,720.6 million a year ago. Revenue was INR 77,579.3 million compared to INR 80,196.4 million a year ago.
Net income was INR 8,109 million compared to INR 8,520 million a year ago. Basic earnings per share from continuing operations was INR 59.45 compared to INR 62.47 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 
