Deepak Nitrite Q1 Results Live : profit rise 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.