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Massive fire breaks out at Gidc Deepak Nitrite factory in Vadodara, 7 workers hospitalized

A huge explosion, followed by a fire, broke out at the Deepak Nitrite Ltd (DNL) chemical manufacturing plant in the Nandesari GIDC (Gujarat Industrial Development Corporation) area on the outskirts of the city on Thursday. from Vadodara, Gujarat.

Officials said seven workers were hospitalized after inhaling smoke, while some 700 people living near the plant were moved to safer locations.

Reacting to the fire, the company said it was monitoring the situation closely. The safety and well-being of all our employees, as well as those of the surrounding communities, is a top priority for us.

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He added, “All of our manufacturing facilities are equipped with best-in-class systems and equipment, which ensure environmentally friendly production. Our teams are already on the ground to facilitate all possible support. Our communication channels are open 24/7, and we will continue to provide updates and work closely with all relevant external stakeholders.”

“Efforts are underway to extinguish the massive fire, in which no injuries were reported. Seven workers who had inhaled the smoke were transferred to a nearby hospital for treatment. As a precaution, nearly 700 people living in rural areas adjoining the plant have been moved to safer locations,” said Vadodara collector RB Barad.

A Vadodara fire official said a powerful explosion also occurred when the fire started spreading through the factory in the evening, adding that 10 firefighters were on hand to put out the blaze.

The district collector said the cause of the fire was not yet known.

The company announced an 88% increase in its consolidated net profit to Rs 172.3 crore for the quarter ended in March. Total revenue rose to Rs 1,057.74 crore in the quarter under review from Rs 1,016.63 crore in the corresponding period of the previous year.

For the fiscal year 2019-20, Deepak Nitrite’s net profit stood at Rs 611.03 crore from Rs 173.66 crore in the previous year. Total income increased to Rs 4,264.91 crore in 2019-20 from Rs 2,715.04 crore in 2018-19.

Shares of Deepak Nitrite Ltd closed at Rs 2,048.90, up Rs 38.25, or 1.90% on BSE.

First post: STI


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