Deepak Nitrite Q1 Results Live : profit rise by 35.12% YOY
Deepak Nitrite Q1 Results Live : Revenue increased by 22.54% YoY & profit increased by 35.12% YoY
Deepak Nitrite Q1 Results Live : Deepak Nitrite declared their Q1 results on 05 Aug, 2024. The topline increased by 22.54% & the profit increased by 35.12% YoY. Compared to the previous quarter, the revenue grew by 1.91% and the profit decreased by 20.21%.
The Selling, general & administrative expenses rose by 2.65% q-o-q & increased by 13.18% Y-o-Y. The operating income was down by 21.74% q-o-q & increased by 52.47% Y-o-Y.
The EPS is ₹14.85 for Q1 which increased by 35.12% Y-o-Y. Deepak Nitrite has delivered -1.47% return in the last 1 week, 33.52% return in the last 6 months, and 19.03% YTD return.
Currently, Deepak Nitrite has a market cap of ₹40283 Cr and 52wk high/low of ₹3169 & ₹1921.85 respectively. As of 06 Aug, 2024, out of 15 analysts covering the company, 1 analyst has given a Strong Sell rating, 3 analysts have given a Sell rating, 4 analysts have given a Hold rating, 5 analysts have given a Buy rating, and 2 analysts have given a Strong Buy rating.
The consensus recommendation as of 06 Aug, 2024, was to Hold.
Deepak Nitrite Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 2166.84 | 2126.21 | +1.91% | 1768.34 | +22.54% |
| Selling/ General/ Admin Expenses Total | 95.33 | 92.87 | +2.65% | 84.23 | +13.18% |
| Depreciation/ Amortization | 47.45 | 46.46 | +2.13% | 38.08 | +24.61% |
| Total Operating Expense | 1905.1 | 1791.75 | +6.33% | 1596.67 | +19.32% |
| Operating Income | 261.74 | 334.46 | -21.74% | 171.67 | +52.47% |
| Net Income Before Taxes | 274.8 | 349.19 | -21.3% | 201.73 | +36.22% |
| Net Income | 202.54 | 253.85 | -20.21% | 149.9 | +35.12% |
| Diluted Normalized EPS | 14.85 | 14.36 | +3.43% | 10.99 | +35.12% |
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