Commodity Chemicals company Deepak Nitrite announced Q1FY26 results Total Income: Rs 1,897 crore compared to Rs 2,186 crore during Q1FY25, change -13%. EBITDA: Rs 197 crore compared to Rs 328 crore during Q1FY25, change -40%. PAT: Rs 138 crore compared to Rs 275 crore during Q1FY25, change -50%. Deepak C. Mehta, Chairman & Managing Director, said: The first quarter of FY26 has reinforced our belief that ‘Destination Bharat’ is not just a strategic choice but a resilient foundation for continued long-term growth of our business. Amidst a volatile geopolitical environment marked by shifting global trade dynamics and elevated tariffs, Deepak continues to benefit from its India-centric, import-substitution-led business model. Domestic consumption remains robust, and our backward and forward integration strategy is proving effective in helping us navigate pricing pressures and demand fluctuations across global markets. Our Phenolics segment, powered by favourable domestic demand, continues to excel, laying a solid foundation for future growth. Concurrently, our AI segment is emerging from a period of global headwinds. We are channelling our resources to accelerate strategic initiatives that will not only help us weather current market conditions but also position us at the forefront of the next wave of industry innovation. This unwavering focus on our long-term vision ensures we are building a more resilient and forward-looking enterprise. We stand at the threshold of a transformative phase, marked by giant leaps in industry leadership, strategic technology partnerships, and large-scale CAPEX initiatives. Multiple projects are currently underway, some successfully commercialised, with a robust pipeline scheduled for rollout over the coming quarters. These initiatives span a wide spectrum of objectives, including capacity expansion, securing stable input supplies, and driving both backward integration for production efficiency as well as forward integration into new product lines. Our renewable energy transition, which began yielding tangible benefits in March 2025, is already enhancing energy security and strengthening the sustainability footprint across operations. Collectively, these efforts are set to deepen integration across our value chain and significantly elevate our competitive positioning in the market. Our unwavering commitment to innovation, import substitution, and global market expansion continues to strengthen our agility and responsiveness to the evolving needs of our customers. Looking ahead, we are confident that Deepak’s deeply integrated and scalable business model is uniquely positioned to play a pivotal role in shaping a self-reliant chemical ecosystem for a Viksit Bharat. Result PDF