Deepak Nitrite Reports 3.1x YoY EBITDA Growth in 2QFY27
Motilal Oswal says Deepak Nitrite’s EBITDA rose 3.1x year over year to INR6.4b in 2QFY27, with growth led by its Phenolic and Advanced Intermediates segments.
Motilal Oswal's research report on Deepak NitriteDeepak Nitrite (DN) reported a strong operating performance in 2QFY27 on a low base. Its EBITDA surged 3.1x YoY to INR6.4b, led by 3.6x YoY EBIT growth in the Phenolic segment and 2x growth in the Advanced Intermediates (AI) segment. This growth was…