Deepak Nitrite has announced its consolidated results for fourth quarter and financial year ended March 31, 2025. During Q4 FY25, Deepak Nitrite has posted net profit of Rs 202 crore as compared to Rs. 98 cror in Q3 FY25, reflecting a jump of 106.4 per cent.

However, on a yearly basis, net profit fell by 20.47 per cent from Rs. 254 crore in Q4 FY24. The company's revenue for Q4 FY25 stood at Rs. 2,180 crore as compared to Rs. 1,903 crore in Q3 FY25, reflecting a QoQ growth of 15 per cent. The revenue stood at Rs. 2,126 crore in Q4 FY24.

For FY25, the company reported a net profit of Rs 697 crore, reflecting a decline of 14.04 per cent from Rs 811 crore in FY24.Revenue in FY25 grew by 8 per cent at Rs 8,282 crore as compared to Rs. 7,682 crore in FY24.

Commenting on the performance for Q4 & FY25, Deepak C. Mehta, Chairman & Managing Director said: “With all projects coming in with entire backward and forward integration we would be poised for much more resilient operations with an improved bottom line performance. In these turbulent times backward and forward integration go a long way in ensuring that ultimate consumers are taken care of and both the commodity and specialty businesses support each other.

This year also marks our renewed vigor and energy in creating the new Deepak. As technology gets signed up, project activities at the new site start taking shape and our relationships with new customers in material sciences would pick up.

Our growth plan envisages development of further upstream products like Nitric Acid and downstream products such as MIBK, MIBC, for which capacities are set to be operationalized in the upcoming quarters. These will deepen the degree of integration across our business and strengthen our competitive position.

The plan to manufacture polycarbonate resins is also taking more concrete shape and the Board of DCTL has recently approved investments for manufacturing 300 KTA of Phenol, 185 KTA of Acetone and 100 KTA of lsopropyl Alcohol ('lPA') including greenfield infrastructure capex for an aggregate investment of about Rs. 3,500 crores. This is over and above the present manufacturing capacity of these products and the new capacity of Phenol and Acetone will be ultimately integrated to produce Polycarbonate Resins.

This approval along with the previous approval of Rs. 5,000 crores of PC resins brings the aggregate investment pipeline for the PC Resin project to ~ Rs. 8,500 crores.

As already mentioned, Deepak will be one of the largest single location producers of Phenol and Acetone in the entire world with more than half of the capacity converted into downstream derivatives such as Bisphenol A and PC Resins, etc.

With the commitment to increased Research and Development Activity the new R&D Centre is scheduled to be operative during the year. We are already bringing forward new projects that would enhance our position in life sciences business as well as specialty solvents. New Products in the area of Material Sciences are also being considered based on core competencies of Deepak.

Once commissioned, these facilities will significantly enable further substitution of imports, meaningfully contributing towards Nation Building and the vision of a Viksit Bharat.”