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Chemcon Speciality Chemicals Ltd Q1FY24; 77% fall in Profits

Chemcon Speciality Chemicals Limited is a manufacturer of specialised chemicals, such as HMDS and CMIC which are predominantly used in the pharmaceuticals industry and inorganic bromides used as completion fluids in the oilfield industry.

Financial Results:

Chemcon Speciality Chemicals Ltd reported Revenues for Q1FY24 of ₹79.33 Crores down from ₹89.41 Crore year on year, a fall of 11.27%.

Total Expenses for Q1FY24 of ₹74.92 Crores up from ₹57.95 Crores year on year, a rise of 29.28%.

Consolidated Net Profit of ₹5.91 Crores down 76.79% from ₹25.46 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.61, down 76.83% from ₹6.95 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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