Latest News | Deepak Nitrite Q4 Net Profit Up 88 Pc at Rs 172 Cr

New Delhi, May 26 (PTI) Deepak Nitrite Ltd on Tuesday reported a 88 per cent increase in consolidated net profit at Rs 172.3 crore for the quarter ended March.

Its net profit stood at Rs 91.46 crore in the year-ago period, the company said in a regulatory filing.

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Total income rose to Rs 1,057.74 crore in the quarter under review from Rs 1,016.63 crore in the corresponding period of previous year.

For fiscal year 2019-20, Deepak Nitrite's net profit stood at Rs 611.03 crore as against Rs 173.66 crore in the previous year.

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Total income rose to Rs 4,264.91 crore in 2019-20 as compared with Rs 2,715.04 crore in 2018-19.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)