Noneeds a catalyst Deepak Nitrite's advanced intermediates Ebit margin in Q3FY26 was the weakest in at least the past eleven quarters. Deepak’s stand has been vindicated as the Directorate General of Trade Remedies (DGTR) has found merit in its complaint. The DGTR proposed a reference-price-based duty where importers would pay the difference between the arrival price and a reference price of $3,453 per tonne. Deepak Nitrite has two business segments: Advanced intermediates and phenolics. Advanced intermediates mainly cater to the agrochemicals, dyes and pigments industries.

Source: Mint March 23, 2026 02:07 UTC