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Arvee Laboratories (India) Ltd Q1FY24; 57% fall in Profits

Incorporated in 2012, Arvee Laboratories India Ltd manufactures specialized chemicals

Financial Results:

Arvee Laboratories (India) Ltd reported Revenues for Q1FY24 of ₹7.60 Crores down from ₹18.18 Crore year on year, a fall of 58.2%.

Total Expenses for Q1FY24 of ₹7.04 Crores down from ₹16.67 Crores year on year, a fall of 57.77%.

Consolidated Net Profit of ₹0.49 Crores down 57.02% from ₹1.14 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.44, down 57.28% from ₹1.03 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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