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DEEPAK NITRITE ‘s Q3 2024-25 Latest News: Profit Drops by 51.43% YoY

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Highlights

🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
🔹 Sales over the Year and quarter: The company’s sales declined by -5.27 % over the year, decrease in net sales/revenue by -6.33 %.
🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 54.91 %. Marginal decrease of -1.31% in other income during this quarter.
🔹 Profit over the Year and quarter: Challenges in sustaining profitability for DEEPAK NITRITE LTD.. Profit dropped by -51.43 % Year to Year, DEEPAK NITRITE LTD.’s profitability dropped by -49.47 % Quarter to Quarter.
🔹 EPS over the Year and quarter: EPS declined by -51.45 % Year to Year. EPS decreased by -49.51 % in previous quarter. Analysis needed for shareholder value.

This analytical report on DEEPAK NITRITE LTD. stretches beyond conventional financial metrics to include an in-depth exploration of the company’s long-term strategic plans and their alignment with current market conditions. It examines the sustainability of the company’s business model in light of emerging market trends and competitive pressures. The insight provided by seasoned industry analysts adds depth to the evaluation, offering predictions that help in assessing the company’s position and potential movements in its stock price. For investors, this report serves as a crucial tool in understanding the intrinsic value of the company and strategizing their investment moves accordingly.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2009.23 Cr Rs. 2032.003 Cr Rs. 1903.4 Cr -6.33 % -5.27 %
Expenses Rs. 1704.58 Cr Rs. 1734.48 Cr Rs. 1734.86 Cr + 0.02 % + 1.78 %
Operating Profit Rs. 304.65 Cr Rs. 297.52 Cr Rs. 168.54 Cr -43.35 % -44.68 %
OPM % 15.16 % 14.64 % 8.85 % -5.79 % -6.31 %
Other Income Rs. 13.55 Cr Rs. 21.269 Cr Rs. 20.99 Cr -1.31 % + 54.91 %
Interest Rs. 2.93 Cr Rs. 6.3 Cr Rs. 6.11 Cr -3.02 % + 108.53 %
Depreciation Rs. 41.69 Cr Rs. 48.46 Cr Rs. 48.22 Cr -0.5 % + 15.66 %
Profit before tax Rs. 273.58 Cr Rs. 264.03 Cr Rs. 135.2 Cr -48.79 % -50.58 %
Tax % 26.15 % 26.45 % 27.42 % + 0.97 % + 1.27 %
Net Profit Rs. 202.05 Cr Rs. 194.2 Cr Rs. 98.13 Cr -49.47 % -51.43 %
EPS in Rs Rs. 14.81 Rs. 14.24 Rs. 7.19 -49.51 % -51.45 %


Today, we’re looking at DEEPAK NITRITE LTD.’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -5.27 %. However, it did see a marginal slip of -6.33 % from the previous quarter. Expenses ticked up slightly by 0.02 % quarter-on-quarter, aligning with the annual rise of 1.78 %. Operating profit, while down -44.68 % compared to last year, faced a quarter-on-quarter dip of -43.35 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -6.31 %, but a shrinkage of -5.79 % sequentially. Other income fell by -1.31 % compared to the last quarter, despite an annual growth of 54.91 %. Interest expenses dropped significantly by -3.02 % from the previous quarter, yet the year-over-year increase remains at a moderate 108.53 %. Depreciation costs fell by -0.5 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.66 %. Profit before tax declined annually by -50.58 % but saw a reduction from the preceding quarter by -48.79 %.
Tax expenses as a percentage of profits increased slightly by 1.27 % compared to last year, with a more notable quarter-on-quarter increase of 0.97 %. Net profit fell by -51.43 % year-on-year but witnessed a -49.47 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -51.45 % but a quarterly fall of -49.51 %. In summary, DEEPAK NITRITE LTD.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 2009.23 Cr Rs. 2032.003 Cr Rs. 1903.4 Cr -6.33 % -5.27 %
Expenses Rs. 1704.58 Cr Rs. 1734.48 Cr Rs. 1734.86 Cr + 0.02 % + 1.78 %
Operating Profit Rs. 304.65 Cr Rs. 297.52 Cr Rs. 168.54 Cr -43.35 % -44.68 %
Net Profit Rs. 202.05 Cr Rs. 194.2 Cr Rs. 98.13 Cr -49.47 % -51.43 %
EPS in Rs Rs. 14.81 Rs. 14.24 Rs. 7.19 -49.51 % -51.45 %


In reviewing DEEPAK NITRITE LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -5.27 % year-on-year, although there was a slight dip of -6.33 % from the previous quarter. Expenses rose by 1.78 % compared to the previous year, with a 0.02 % increase quarter-on-quarter. Operating Profit dropped by -44.68 % annually, and saw a -43.35 % decrease from the last quarter.
Net Profit showed yearly decrease of -51.43 %, and experienced a -49.47 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -51.45 % annually, however dipped by -49.51 % compared to the last quarter. In essence, while DEEPAK NITRITE LTD. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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