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Deepak Nitrite Ltd Q2FY24; 18% rise in Profits

Incorporated in 1970, Deepak Nitrite Ltd manufactures Basic Intermediates, Fine & Speciality Chemicals, Performance
Products, and Phenolics

Financial Results:

Deepak Nitrite Ltd reported Revenues for Q2FY24 of ₹1,778.00 Crores down from ₹1,962.00 Crore year on year, a fall of 9.38%.

Total Expenses for Q2FY24 of ₹1,518.00 Crores down from ₹1,739.00 Crores year on year, a fall of 12.71%.

Consolidated Net Profit of ₹205.00 Crores up 17.82% from ₹174.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹15.04, up 17.59% from ₹12.79 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Chemicals
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