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Bhagiradha Chemicals & Industries Ltd Q2FY24; 50% fall in Profits

Bhagiradha Chemicals & Industries is an Agro Chemical Company in India involved in the manufacturing of insecticides, fungicides, herbicides etc. It was Promoted by late Sri S. Koteswara Rao, a former scientist of Indian Institute of Chemical Technology, Hyderabad in the year 1993.

Financial Results:

Bhagiradha Chemicals & Industries Ltd reported Revenues for Q2FY24 of ₹122.01 Crores down from ₹131.81 Crore year on year, a fall of 7.43%.

Total Expenses for Q2FY24 of ₹113.41 Crores down from ₹114.69 Crores year on year, a fall of 1.12%.

Consolidated Net Profit of ₹6.29 Crores down 49.76% from ₹12.52 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.04, down 49.79% from ₹12.03 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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