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Chemcon Speciality Chemicals Ltd Q2FY24; 24% 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 Q2FY24 of ₹75.19 Crores up from ₹57.92 Crore year on year, a rise of 29.82%.

Total Expenses for Q2FY24 of ₹70.18 Crores up from ₹50.63 Crores year on year, a rise of 38.61%.

Consolidated Net Profit of ₹5.94 Crores down 24.04% from ₹7.82 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.62, down 23.94% from ₹2.13 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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