Deepak Nitrite Q1 profit plunges 45%; revenue, margins contract
EBITDA slumped 38.8% to ₹189.3 crore in this quarter over ₹309.4 crore year-on-year. The EBITDA margin shrank to 10% from 14.3% last year. Shares of Deepak Nitrite Ltd ended at ₹1,873.50, up by ₹10.20 or 0.55%, on the BSE today (August 13).
EBITDA slumped 38.8% to ₹189.3 crore in this quarter over ₹309.4 crore year-on-year. The EBITDA margin shrank to 10% from 14.3% last year. Shares of Deepak Nitrite Ltd ended at ₹1,873.50, up by ₹10.20 or 0.55%, on the BSE today (August 13).
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