Deepak Nitrite's Q2 FY26 consolidated revenue stood at ₹1,901.9 crore with a net profit of ₹119 crore, reflecting cautious trading conditions amid cost pressures. The company focuses on efficiency and strategic expansions to sustain growth amid global market challenges.
Deepak Nitrite reported its consolidated financial results for the quarter ended September 2025, marking a mixed performance in a challenging market environment. The company posted consolidated revenue from operations of ₹1,901.9 crore, reflecting a slight decline of about 6.4% year-on-year but a marginal sequential increase of 0.64%. Consolidated net profit stood at ₹119 crore, showing a significant drop compared to the previous year, impacted by higher costs and subdued demand.
Notable updates from Q2 FY26 include:
-
Consolidated revenue: ₹1,901.9 crore, a decline of about 6.4% YoY but slightly up quarter-on-quarter.
-
Consolidated net profit: ₹119 crore, down sharply compared to prior-year periods.
-
Operating margins compressed due to increased raw material prices and global pricing pressures.
-
EBITDA decline year-on-year, reflecting input cost inflation and market headwinds.
-
Company remains focused on operational efficiencies and cost optimization to navigate current volatility.
-
Strategic projects such as new capacity for MIBK and nitration anticipated to come online in H2 FY26, supporting future growth.
-
Domestic demand remains the key driver amidst global uncertainties.
Despite short-term pressures, Deepak Nitrite’s India-focused, import-substitution strategy provides resilience. The company aims for steady volume growth aided by ongoing integration and innovation efforts.
Source: Company Disclosure to the Stock Exchanges