Deepak Nitrite Commissions ₹115-Crore Hydrogenation Plant in Gujarat

Deepak Chem Tech, a wholly owned arm of

, has commissioned its new hydrogenation plant at Dahej, Gujarat, with a capital outlay of around ₹115 crore, aimed at boosting manufacturing capabilities and long-term growth. On the financial front, Q1FY26 saw a sharp slowdown with consolidated net profit falling 44.6% YoY to ₹112 crore from ₹202.5 crore, revenue dipping 12.8% to ₹1,889.8 crore from ₹2,166.8 crore, and EBITDA dropping 38.8% to ₹189.3 crore from ₹309.4 crore, leading to margin contraction at 10% versus 14.3% a year ago. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.