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Archean Chemical Industries Ltd Q2FY24; 3% rise in Profits

Archean Chemical Industries Limited is India’s largest exporter of bromine and industrial salt in Fiscal 2021. The company is the leading specialty marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world.

Financial Results:

Archean Chemical Industries Ltd reported Revenues for Q2FY24 of ₹290.00 Crores down from ₹293.00 Crore year on year, a fall of 1.02%.

Total Expenses for Q2FY24 of ₹214.00 Crores down from ₹227.00 Crores year on year, a fall of 5.73%.

Consolidated Net Profit of ₹66.00 Crores up 3.12% from ₹64.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.39, down 18.70% from ₹6.63 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.

Tags: Chemicals
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