DEEPAK NITRITE  LIMITED
Registered Office : 9/10, Kunj Society, Alkapuri, Baroda 390 007
UNAUDITED  FINANCIAL  RESULTS  (PROVISIONAL)
FOR THE QUARTER ENDED 30TH JUNE, 2005
					(Rs. in Lacs)
Sr.No	Particulars	Nine Months Ended	Quarter Ended		Year Ended
		31-12-2003	30/06/2005	30/06/2004	31-03-2005
		(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
1	Net Sales	20238	8665.11	6634.12	32126.68
2	Other Operating Income	155.92	6.60	9.78	556.73
3	Other Income	567.26	64.00	115.10	218.38
4	Total Expenditure	18917	7824.80	6171.41	29502.51
	a. (Increase)/Decrease in Stock in Trade	309.58	(680.51)	163.01	328.34
	b. Consumption of Raw Materials	12178	6125.62	3804.39	19992.49
	c. Staff Cost	1379.4	571.66	554.84	2497.89
	d. Other Expenditure	5049.9	1808.03	1649.17	6683.79
5	Interest	783.83	254.67	229.76	912.18
6	Depreciation	605.42	281.23	297.19	999.68
7	Profit before tax	654.48	375.01	60.64	1487.42
8	Provision for taxation		124.26	22.24	481.75
9	Profit after tax	600.48	250.75	38.40	1005.67
10	Add (Less) : Prior Year’s adjustment /	-	-	13.60	-
	Extraordinary items
11	Net Profit	600.48	250.75	52.00	1005.67
12	Paid up Equity Share Capital	575.00	598.21	598.21	598.21
	(Face Value of Rs. 10/- each)
13	Reserves excluding revaluation reserve				7105.95
14	Basic  EPS not annualised( Rs.)	10.44	4.19	0.87	16.81
15	Diluted  EPS not annualised( Rs.)	10.44	4.19	0.87	16.81
16	Aggregate of Non-Promoter Shareholding
	Number of Shares	3229517	3163879	3461579	3163879
	Percentage of Shareholding	56.17	52.89	57.87	52.89
SEGMENT-WISE REVENUE, RESULTS AND CAPITAL EMPLOYED
					(Rs. in Lacs)
Sr.No	Particulars	Nine months ended	Quarter ended		Year ended
		31-12-2003	30/06/2005	30/06/2004	31-03-2005
		(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
1	Segment Revenue :
	a) Inorganic Intermediates	5853.04	1586.81	1639.51	6878.65	7744.66	-866.01
	b) Organic Intermediates	10563.45	5826.97	3849.86	19034.96	15236.84	3798.12
	c) Fine & Speciality Chemicals	3992.71	1273.50	1358.07	6942.08	5556.16	1385.92
	d) Others		(1.45)	(131.40)	84.67
	Total	20409.20	8685.83	6716.04	32940.36	28537.66	4402.70
	Less: Inter segment revenue	15.44	14.12	72.14	256.94	368.66	-111.72
	Net Sales/Income from operations	20393.76	8671.71	6643.90	32683.42	28169	4514.42
2	Segment Results before tax & Interest:						0.00
	a) Inorganic Intermediates	1121.68	197.35	229.46	705.87	1369.94	-664.07
	b) Organic Intermediates	389.37	873.13	265.70	1597.60	647.45	950.15
	c) Fine & Speciality Chemicals	356.81	(148.82)	159.00	1185.54	622.91	562.63
	Total	1867.86	921.66	654.16	3489.01	2640.3	848.71
	Less: I)   Interest	783.83	254.67	229.76	912.18	1150.49	-238.31
	ii)  Other un-allocable expenditure	429.55	291.98	350.16	1089.41	551.83	537.58
	Net of un-allocable Income						0.00
	Total Profit Before Tax	654.48	375.01	74.24	1487.42	937.98	549.44
3	Capital Employed :						0.00
	a) Inorganic Intermediates	3624.56	2670.73	2799.04	3069.60	3656.53	-586.93
	b) Organic Intermediates	10246.49	12703.18	11290.94	12789.35	11239.25	1550.10
	c) Fine & Speciality Chemicals	3581.30	4849.04	4292.97	5716.64	3168.85	2547.79
	d) Other unallocable	1595.09	1277.26	1218.73	1216.52	1109.78	106.74
	Total	19047.44	21500.21	19601.68	22792.11	19174.41	3617.70
	The Segment Information has been suitably regrouped wherever necessary considering the nature of products.						0.00
NOTES:
1)	Previous year's figures, wherever necessary, have been regrouped in order to conform to this
	year's classification.
2)	The  Auditors  of  the  Company  have  conducted  a limited review of the results for the quarter
	ended 30th June, 2005.
3)	Consequent  to  the  decision  taken  by  the  Committee  of  Directors  at  its  meeting  held on
	22nd June, 2005  for  relocation  of  manufacturing  activities  of  SDC  Division,  Company has
	provided a sum of Rs. 264.95 Lacs  in the current quarter on account of non shiftable assets to
	be  discarded  which  is  included  under  other expenditure. This  has impacted  the segmental
	results of fine & speciality chemicals.
4)	The  Company  has  received  two  complaints  from  investors  during  the  quarter  which were
	resolved. No complaint was pending at the beginning or end of the quarter
5)	The above unaudited financial results were reviewed  by  the  Audit Committee  and  taken  on
	record by the Board of Directors at its meeting held on 27th July,2005.
				For DEEPAK NITRITE LIMITED
MUMBAI,				D. C .MEHTA
27th July, 2005				MANAGING DIRECTOR