BackGujarat: Fire breaks out at Deepak Nitrite GIDC plant in Vadodara. Watch
An explosion, followed by fire, occurred at Deepak Nitrite Company in Nandesari GIDC in Vadodara
PremiumAn explosion, followed by fire, occurred at Deepak Nitrite Company in Nandesari GIDC in Vadodara on 2 June, news agency ANI reported.
Further news reports suggest that the chemical factory witnessed five major explosions which was followed by fire. Several videos emerged of the fire accident wherein several blast noises could be heard from afar.
Fire and smoke made a dense cloud and rose up in the sky, followed by several more blast noises in the factory. Cause of the explosion is still unknown.
A Vadodara fire brigade official said a powerful explosion occurred when the fire started spreading in the factory during the evening, adding that 10 fire tenders are at the spot to douse the blaze.
The reports further added that smoke was visible from a long distance and 7-8 fire-fighters reached the spot to put out the fire.
Some people posted visuals of the fire incident, where dense smoke can be seen rising from the Nandesari facility.
Seven workers have been hospitalised after inhaling smoke, while some 700 people living in the vicinity of the factory have been shifted to safer places, officials said.
"Efforts are on to douse the massive fire, in which no injury has been reported. Seven workers who had inhaled the smoke were shifted to a nearby hospital for treatment. As a precaution, nearly 700 people living in the rural areas adjoining the factory have been shifted to safer places," Vadodara Collector RB Barad said.
Deepak Nitrite issued a statement whrein they mentioned that they are monitoring the situation closely and the safety of employees and people in the vicinity was of foremost priority.
The Deepak Nitrite company's shares on Thursday ended 1.72% higher at ₹2,045.25 apiece on the BSE.
For the quarter ended March 2022, the company's standalone net sales came in at ₹750.24 crore, up 42.71% from ₹525.70 crore in March 2021 quarter while its net profit stood at ₹142.70 crore, up 41.15% from ₹101.10 crore in the corresponding quarter of the fiscal year.
EBITDA came in at Rs. 213.49 crore, up 34.71% from ₹158.48 crore in March 2021 quarter. Deepak Nitrite's earnings per share (EPS) increased to ₹10.46 from Rs. 7.41 in March 2021.
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