Deepak Nitrite's Q2 FY 2025-26 Quarterly Results
- 3d ago
Result Summary
- Deepak Nitrite Ltd reported a 0.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 6.4%.
- Its expenses for the quarter were down by 0.1% QoQ and 1.7% YoY.
- The net profit increased 5.8% QoQ and decreased 38.9% YoY.
- The earnings per share (EPS) of Deepak Nitrite Ltd stood at 8.71 during Q2 FY 2025-26.
Financial Statments for Q2 FY 2025-26
Total Income | 1921.84 | 1914.44 | 2053.27 | 0.4% | -6.4% |
Total Expenses | 1758.81 | 1759.70 | 1789.24 | -0.1% | -1.7% |
Profit Before Tax | 163.03 | 154.74 | 264.03 | 5.4% | -38.3% |
Tax | 44.28 | 42.49 | 69.83 | 4.2% | -36.6% |
Profit After Tax | 118.75 | 112.25 | 194.20 | 5.8% | -38.9% |
Earnings Per Share | 8.71 | 8.23 | 14.24 | 5.8% | -38.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Deepak Nitrite Ltd is a well-established company primarily engaged in the chemical industry. The company is known for producing a diverse range of chemical products, including basic chemicals, specialty chemicals, and performance products. These products serve various industrial sectors such as pharmaceuticals, agrochemicals, dyes, and pigments. Deepak Nitrite has positioned itself as a leader in the chemical manufacturing space, focusing on high-quality production and innovative solutions. While specific recent developments are not provided in the data, the company is generally known for its strategic expansions and investments in enhancing production capabilities and entering new markets.
Revenue
In the second quarter of the fiscal year 2026 (Q2FY26), Deepak Nitrite Ltd reported a total income of ₹1921.84 crores. This represents a 0.4% increase in revenue compared to the first quarter of fiscal year 2026 (Q1FY26), where total income was ₹1914.44 crores. However, when compared to the second quarter of the previous fiscal year (Q2FY25), where the total income was ₹2053.27 crores, there is a 6.4% year-over-year decline. These figures indicate a slight improvement in quarter-over-quarter revenue but a notable decrease year-over-year.
Profitability
For Q2FY26, Deepak Nitrite Ltd achieved a profit before tax (PBT) of ₹163.03 crores, marking a 5.4% increase from the previous quarter (Q1FY26) where PBT was ₹154.74 crores. When juxtaposed with Q2FY25, where PBT was ₹264.03 crores, there is a significant 38.3% year-over-year decrease. The tax expense for Q2FY26 was ₹44.28 crores, up by 4.2% from Q1FY26, yet down by 36.6% when compared to Q2FY25. The profit after tax (PAT) for Q2FY26 stood at ₹118.75 crores, which is 5.8% higher than Q1FY26 but 38.9% lower than Q2FY25. Earnings per share (EPS) for Q2FY26 were ₹8.71, showing a 5.8% increase from Q1FY26 but a 38.8% drop from Q2FY25.
Operating Metrics
Deepak Nitrite Ltd's total expenses for Q2FY26 were ₹1758.81 crores, slightly decreasing by 0.1% from Q1FY26, where expenses were ₹1759.70 crores. Compared to Q2FY25, expenses decreased by 1.7%, as total expenses in that quarter were ₹1789.24 crores. This marginal reduction in expenses quarter-over-quarter and year-over-year indicates a stable cost structure amidst fluctuating revenues. The consistent financial discipline is reflected in the company's ability to maintain expenses despite variations in income.