Deepak Nitrite's shares experienced a significant decline of approximately 14% to hits 52 Week low following the release of its Q3 FY25 financial results. The company's consolidated net profit decreased by 51.45% year-over-year, falling to ₹98.09 crore from ₹202.05 crore in the same quarter of the previous year. Revenue from operations also saw a decline of 5.27%, totaling ₹1,903.40 crore compared to ₹2,009.23 crore in Q3 FY24.
The decline in profitability is attributed to higher input costs and lower realizations, which significantly impacted the company's earnings before interest, taxes, depreciation, and amortization (EBITDA). EBITDA decreased by 44.7%, amounting to ₹168.5 crore, down from ₹304.6 crore in the corresponding quarter of the previous yea
Key Highlights Of Results:
- Net Profit Decline: Down 51.45% YoY to ₹98.09 crore
- Revenue Drop: Falls 5.27% YoY to ₹1,903.40 crore
- EBITDA Impact: Slumps 44.7% due to rising input costs and lower realizations
These financial challenges have raised concerns among investors, leading to a notable drop in the company's share price. Market analysts suggest that the increased input costs and reduced product realizations have adversely affected the company's profitability, contributing to the sharp decline in share value.
As of February 14, 2025, Deepak Nitrite Ltd.'s share price was ₹1,907.70.In the broader context, over the past six months, the share price has decreased by approximately 21.4%, while over the last year, it has seen a marginal increase of 0.34%
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