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Apcotex Industries Ltd Q1FY24; 3% fall in Profits.

Apcotex Industries Ltd is engaged in the production of various types of synthetic latex and synthetic rubber.
It was started in 1980 as a division of Asian Paints, manufacturing synthetic latex and was later spun-off as a separate company under the leadership of Mr. Atul Choksey, former MD of Asian Paints Ltd.

Financial Results:

Apcotex Industries Ltd reported Revenues for Q1FY24 of ₹278.00 Crores down from ₹306.00 Crore year on year, a fall of 9.15%.

Total Expenses for Q1FY24 of ₹263.00 Crores down from ₹263.00 Crores.

Consolidated Net Profit of ₹12.00 Crores down 64.71% from ₹34.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.34, down 63.83% from ₹6.47 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Apcotex Industries Ltd reported Revenues for Q1FY24 of ₹278.00 Crores down from ₹306.00 Crore year on year, a fall of 9.15%.
Total Expenses for Q1FY24 of ₹263.00 Crores down from ₹263.00 Crores.
Consolidated Net Profit of ₹12.00 Crores down 64.71% from ₹34.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.34, down 63.83% from ₹6.47 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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