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 Q2FY24 of ₹279.00 Crores down from ₹283.00 Crore year on year, a fall of 1.41%.
Total Expenses for Q2FY24 of ₹260.00 Crores up from ₹244.00 Crores year on year, a rise of 6.56%.
Consolidated Net Profit of ₹15.00 Crores down 51.61% from ₹31.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹2.95, down 50.34% from ₹5.94 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.