India's Deepak Nitrite falls on Q1 profit slide

Deepak Nitrite

14/08/2025 06:23

** Deepak Nitrite DPNT.NS falls 2.8% to 1,820 rupees, lowest since April 9

** Chemicals maker's Q1 net profit slides 44.5% y/y; rev slips ~13%

** Co says weak demand for agrochemicals in Q1 weighed on revenue, EBITDA

** More than 250,000 shares traded, 2.7x the 30-day avg

** Stock rated "hold" on avg; median PT is 2,210 rupees, per data compiled by LSEG

** YTD, DPNT falls ~27%

 (Reporting by Urvi Dugar)

 ((Kashish.tandon@thomsonreuters.com))