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Profit before tax (PBT) declined 38.25% year on year (YoY) to Rs 163.03 crore in Q2 FY26.
Total expenses shed 1.70% to Rs 1,758.81 crore in Q2 FY26 over Q2 FY25. During the quarter, the cost of materials consumed stood at Rs 1,243.82 crore (down 14.59% YoY), while employee benefits expense was at Rs 99.22 crore (up 2.20% YoY).
On segmental front, the revenue from advanced intermediates was at Rs 587.84 crore (down 2.99% YoY) while revenue from phenolics stood at Rs 1,333.46 crore (down 7.62%) during the period under review.
Deepak Nitrite is a leading chemical intermediates producer with a diversified portfolio that caters to the dyes and pigments, agrochemical, pharmaceutical, plastics, textiles, paper and home and personal care segments. It also manufactures petrochemical-derived intermediates such as phenolics, acetone, and isopropyl alcohol (IPA) for both domestic and international markets.
Shares of Deepak Nitrite shed 0.29% to Rs 1,720.50 on the BSE.
The Centre is meticulously designed to house necessary expertise and resources, supported by advanced laboratories, comprehensive analytical facilities, engineering unit, piloting unit and polymer unit. The facility is equipped for safe handling of various chemicals. It shall feature dedicated unit for pressure reactors set up, ensuring controlled and safe operations. DRDC will use renewable solar energy to power most of its operations.