Deepak Nitrite Share Price Surges 5% Despite Q4 Profit Dip

Market Performance

Deepak Nitrite's share price jumped 5.4% intraday on May 29, 2025, defying overall market sentiment. While broader indices traded flat, the stock traded at ₹2,108.4 on the NSE around 11:30 AM.

This surge came shortly after the company announced its Q4 FY25 financial results, showcasing resilience in a challenging market environment.

Main News

Despite reporting a decline in quarterly profit, Deepak Nitrite witnessed a significant rally in its stock. The market responded positively to the company's strategic outlook and continued growth initiatives.

The company cited geopolitical challenges, higher input costs, and excess supply from China as key reasons for the dip in profit. Still, the strong operational focus and project updates bolstered investor sentiment.

Company Details

Deepak Nitrite is a key player in India's chemical sector. It continues to focus on expansion and integration, targeting both upstream and downstream products.

As per the latest statement by Chairman & MD Deepak C Mehta, the company is working on projects involving products like:

• Nitric Acid
• MIBK
• MIBC

These products are part of the company's broader plan to enhance vertical integration and strengthen its competitive edge in the materials sciences.

Financial Performance

Here's a breakdown of Deepak Nitrite's performance for the quarter ended March 31, 2025:

Revenue

• ₹2,179.69 Crore, up 2.52% YoY
• Last year same quarter: ₹2,126.21 Crore

Net Profit

• ₹202.41 Crore, down 20.7% YoY
• Last year, in the same quarter, ₹253.8 Crore

Exceptional Gain

• ₹79.8 Crore recorded in Q4 FY25

Summary

The recent movement in Deepak Nitrite's share price highlights how investor confidence can hold firm even amid a dip in earnings. With a clear roadmap involving product diversification and integration, the company's stock gained momentum, reflecting positive sentiment around its strategic direction.

Despite a decline in Q4 profit, Deepak Nitrite's focus on long-term growth and innovation contributed to its stock performing steadily relative to broader market trends on May 29, 2025.