7 months ago
Deepak Nitrite arm launches ₹85-crore plant in Gujarat
Deepak Nitrite's subsidiary, Deepak Chem Tech, has opened a new plant in Gujarat.
The plant, which cost ₹85 crore to build, makes special chemicals.
The company has been having some financial problems, with profits going down.
But, their standalone profits for the second quarter of the financial year 2026 are a bit better than last year.
The company's stock price is ₹1,537.10 as of January 19.
Deepak Chem Tech Limited commissioned a nitration and hydrogenation plant in Dahej, Gujarat.
The project cost approximately ₹85 crore.
Deepak Nitrite Limited reported a 39% decline in consolidated net profit for Q2FY26.
Standalone revenue for Q2FY26 increased to ₹615.92 crore.
Shares of Deepak Nitrite Limited closed at ₹1,537.10 on January 19.
- Who
- Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite Limited
- What
- Commissioned a nitration and second hydrogenation plant
- Where
- Dahej, Gujarat
- When
- January 11, 2020
- Why
- To expand chemical production capabilities
Key facts
- Company
- Deepak Chem Tech Limited
- Location
- Dahej, Gujarat
- Project Cost
- ₹85 crore
- Commissioning Date
- January 11, 2020
- Parent Company
- Deepak Nitrite Limited
- Stock Price (Jan 19)
- ₹1,537.10
- Q2FY26 Revenue
- ₹615.92 crore
- Q2FY26 Profit Before Tax
- ₹119.09 crore
