Deepak NitriteQ2ProfitRevenueCapital Expenditure
Deepak Nitrite Q2 Net Profit Surges 236% to ₹398 Crore
Published: October 29, 2026
Deepak Nitrite posted Q2 net profit of ₹398 crore, a 236% jump from ₹118.7 crore year‑ago, while revenue climbed 61.7% to ₹3,076 crore. Shares slipped 0.8% to ₹1,476.40 on NSE, but management remains upbeat on FY27 growth.
Deepak Nitrite’s shares slipped 0.8% to ₹1,476.40 on NSE after the company announced a Q2 net profit of ₹398 crore, up 236% from ₹118.7 crore a year earlier.
Revenue surged 61.7% YoY to ₹3,076 crore, while EBITDA jumped to ₹627 crore, pushing the margin to 20.4% from 10.7% in the same period last year.
The firm also reported a ₹300 crore capital outlay for its new chlorination and specialty chemicals plant in Dahej, which began operations on September 29.
Deputy Managing Director Maulik Mehta said the company’s early procurement of raw materials has kept plants running at or above design capacity, even as suppliers cited force majeure during the April‑June quarter.
Management remains bullish on FY27, citing the new plant’s ramp‑up and a solid supply chain; investors will watch the next quarterly filing for guidance.