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Archean Chemical Industries Ltd Q4FY24; 56% fall 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 Q4FY24 of ₹283.00 Crores down from ₹382.00 Crore year on year, a fall of 25.92%.

Total Expenses for Q4FY24 of ₹214.00 Crores up from ₹208.00 Crores year on year, a rise of 2.88%.

Consolidated Net Profit of ₹60.00 Crores down 56.2% from ₹137.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.83, down 56.56% from ₹11.12 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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