Deepak Nitrite Limited (DEEPAKNTR) Q2 FY27 Financial Results: PAT ₹345 Cr & Revenue ₹2,592 Cr

Deepak Nitrite reported record Q1 FY27 revenue of ₹2,592 crores (+35% YoY, +22% QoQ) and PAT of ₹345 crores (+207% YoY, +57% QoQ), driven by strong performance in phenolics (68.5% of revenue) and advanced intermediates (31.1%). EBITDA reached ₹554 crores (+159% YoY), with phenolics EBIT margin at 24%. Key growth engines include integrated manufacturing, backward integration, and new product commercialization. Strategic projects like ammonia-to-amines integration, polycarbonate manufacturing, and specialty chemical expansion are on track, with capacity expansion targeting 4 lakh tonnes phenol capacity. The company emphasized improved margins, operational efficiencies, and a diversified global customer base, supported by a strong balance sheet (net worth ₹6,214 crores, debt-to-equity 0.27x).