New Delhi, Feb. 14 -- Deepak Nitrite share price plunged over 14% on Friday after the company reported weak Q3 results. Deepak Nitrite shares declined as much as 14.10% to a fresh 52-week low of Rs.1,921.40 apiece on the BSE.

The chemical company Deepak Nitrite reported a sharp fall of 51.5% in its consolidated net profit for the third quarter of FY25 to Rs.98.09 crore from Rs.202.05 crore in the year-ago quarter.

The company's consolidated revenue from operations in Q3FY25 declined 5.3% to Rs.1,903.40 crore from Rs.2,009.23 crore in the corresponding period of last fiscal year.

At the operational level, earnings before interest, tax, depreciation and amortization (EBITDA) in the December quarter plunged 44.7% to Rs.168.5 crore from Rs...