DEEPAKNTR

Q3 Results

Deepak Nitrite reported a weak Q3 performance, with net profit plunging 48% YoY to ₹114 crore due to margin pressure. Revenue remained flat at ₹1,876 crore, reflecting sluggish demand. EBITDA dropped 30% YoY to ₹208 crore, while margins shrank from 15.9% to 11.1%. The company attributed the weak results to lower realizations and higher input costs. Despite the decline, management remains optimistic about long-term growth. Follow Bull & Bear School and Finance Lens on Instagram for more market insights! 🚀