Deepak Nitrite rises as Q2 PAT jumps 235% YoY
Mumbai, Oct. 30 -- Sequentially, net profit increased 15% from Rs 345 crore in Q1 FY27. Strong growth in the Phenolics business and improved operating performance supported the quarterly results.
Revenue from operations increased 61.73% year on year to Rs 3,076 crore from Rs 1,902 crore. Revenue rose 19% sequentially from Rs 2,578 crore in Q1 FY27.
EBITDA surged 187% year on year to Rs 643 crore from Rs 224 crore. EBITDA margin stood at 21% compared with 12% in Q2 FY26. Sequentially, EBITDA increased 16% from Rs 554 crore in Q1 FY27.
Profit before tax stood at Rs 543 crore in Q2 FY27, up 16% vs previous quarter and 233% vs year-ago quarter.
Raw material consumption and change in inventory rose 46% year on year to Rs 2,005 crore. Emplo...
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