Deepak Nitrate net down 2%

Net profit for FY13 was Rs 31.64 crore (excluding exceptional income), up by 37% compared to the same period last year

Deepak Nitrite, manufacturer of organic, inorganic, fine and specialty chemicals and preferred business partner of global chemical companies saw its net profit fall by 2% to Rs 9.42 crore in Q4.

Net profit for the FY13 was Rs 31.64 crore (excluding exceptional income), up by 37% compared to the same period last year.

Revenue for fourth quarter of the previous fiscal stood at Rs 311 crore, up 37%. Revenues for the FY 13 of Rs 1,019 crore, up by 29%.