Q3FY17 Results : Deepak Nitrite Ltd.
Bhagyashree Vivarekar / 14 Feb 2017
In terms of the bottom-line, the company reported a PAT figure of Rs. 8.01 crore which represents a sequential QoQ decline of 48.01 per cent and a YoY decline of 51.3 per cent.
Deepak Nitrite Ltd. reported its results for the quarter ended December 31, 2016.
Total sales for this quarter, Q3FY17, came in at Rs. 279.86 crores. This represents a 7.51 per cent sequential decline and 12.18 per cent YoY decline.
Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 20.09 crore and the EBIT margin stood at 7.18 per cent.
In terms of the bottom-line, the company reported a PAT figure of Rs. 8.01 crore which represents a sequential QoQ decline of 48.01 per cent and a YoY decline of 51.3 per cent.
Deepak Nitrite limited is a company engaged in manufacture of organic, inorganic, fine and specialty chemicals. The products of the company include agrochemical intermediates, bulk intermediates, fine & specialty intermediates, imaging and colour intermediates, optical brightening agent intermediates, pharma intermediates and rubber chemical intermediates. The company has four business segments: inorganic intermediates, organic intermediates, fine specialty chemicals and others.
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