Deepak Nitrite Q1 PAT may dip 9.6% YoY to Rs. 183.1 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 26) earnings estimates for the Chemicals sector. The brokerage house expects Deepak Nitrite to report net profit at Rs. 183.1 crore down 9.6% year-on-year (down 21.3% quarter-on-quarter).

Net Sales are expected to decrease by 5.3 percent Y-o-Y (down 5.8 percent Q-o-Q) to Rs. 2,052.8 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 6.2 percent Y-o-Y (down 8.4 percent Q-o-Q) to Rs. 290 crore.

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