Deepak Nitrite Q2 FY27: Net Profit Up 235% to ₹397.68 Crore as Phenolics Revenue Reaches ₹2,291 Crore
Deepak Nitrite Ltd's board approved its results for the quarter ended 30 September 2026 (Q2 FY27) on 29 October 2026.
Q2 FY27, consolidated: • Net profit: ₹397.68 crore, up 235% from ₹118.75 crore a year earlier and up 15.3% from ₹345.01 crore in the June quarter. • Revenue from operations: ₹3,076.37 crore, up 62% from ₹1,901.89 crore, and up 19.4% over the June quarter. • Profit before tax: ₹542.70 crore, against ₹163.03 crore. • Government incentive income: ₹49.38 crore, against ₹16.46 crore.
By segment: • Phenolics: revenue ₹2,291.09 crore; result before interest and tax ₹515.43 crore. • Advanced Intermediates: revenue ₹810.82 crore; result before interest and tax ₹48.76 crore.
First half (H1 FY27): net profit ₹742.69 crore (up 221.5%) on revenue from operations of ₹5,653.97 crore (up 49.1%).
What it means for buyers and suppliers
Almost all of the profit came from phenolics (phenol, acetone and their derivatives). Strong margins there suggest firm phenol and acetone prices in India; buyers of solvents and phenol-based resins should expect suppliers to hold prices. Advanced Intermediates earned much thinner margins, which points to continued price competition in nitro-aromatic and similar intermediates.
Source: The Free Press Journal (29 October 2026), from the company's results filing. Photo: model of the phenol molecule. Benjah-bmm27, public domain, via Wikimedia Commons.
Chemicals in this story
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