Deepak Nitrite Limited. Q4 results show revenue fell from 2004.42 to 1973.93 crores, a 1.52% decrease in growth. EPS also rise from ₹15.33 to ₹17.15, up by 11.87%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Deepak Nitrite Ltd. shared its Q4 results on Thursday. They earned 1973.93 crores in revenue this quarter, but that’s less than the 2004.42 crores they made last quarter. The company’s growth decreased by 1.52 percent when comparing the two quarters.
In terms of profits, Deepak Nitrite Ltd’s PAT (Profit After Tax) for this quarter was 233.86 crores, up from 209.05 crores in the previous quarter. Their quarter-to-quarter growth inclined by 11.87 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹17.15, which is an increase of 11.87% from the ₹15.33 EPS in the previous quarter.
Also read: ☞ ” Balrampur Chini Mills Q4FY23 Results: Consolidated PAT Rises to Rs 254.45 Cr “
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 8019.64 crores this year (2023), which is 17.16 percent higher than last year’s total revenue of 6844.80 crores.
This year’s PAT (Profit After Tax) is 852 crores, which is also 20.12% lower than last year’s PAT of 1066.64 crores.
The EPS (Earnings Per Share) for this year is ₹62.47, which is 20.12% less than the EPS of ₹78.20 earned last year.
Deepak Nitrite Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹7.50 per Equity Share of Face Value of ₹2 each of the Company (375% of Face Value). Total Dividend for FY23 stood at ₹7 per Equity Share (Interim Dividend of ₹2 per Equity Share)
| Dividend | Record Date |
| ₹7.50 per Equity Share | Coming Soon |
The record date for the dividend has not arrived yet.
About Deepak Nitrite:
Deepak Nitrite Ltd. is a chemical manufacturing company based in India, with manufacturing facilities situated in various locations across the country. These locations include Nandesari and Dahej in Gujarat, Roha and Taloja in Maharashtra, and Hyderabad in Telangana.
Download Full PDF Q4 Results of Deepak Nitrite: Click Here
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