Earnings | Chemplast Sanmar Ltd. (NSE: CHEMPLAST): Q4FY23 Results Out; Total Income fell 35% YoY.

Chemplast Sanmar Ltd. is a prominent manufacturer of Speciality Chemicals, including Specialty Paste PVC resin and Custom Manufactured Chemicals, catering to the agrochemical, pharmaceutical, and fine chemicals sectors. Alongside, the company produces a range of other chemicals, including Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas, and Industrial Salt. Their manufacturing facilities are strategically situated at Mettur, Berigai, and Vedaranyam in Tamil Nadu, as well as Karaikal in the Union Territory of Puducherry. As a leading player in the industry, Chemplast Sanmar Ltd. contributes significantly to the production and supply of essential chemicals for diverse sectors, supporting industrial growth and development.

• Chemplast Sanmar Ltd. reported Total Income for Q4 FY23 of ₹1,178 Crore down from ₹1,815 Crore year on year, a negative growth of 35%.
• Total Expenses for Q4 FY23 of ₹1,121 Crore down from ₹1,535 Crore year on year, a negative growth of 27%.
• Consolidated Net Profit of ₹46 Crore, down 80% from ₹231 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹2.91, down 80% from ₹14.65 in the same quarter of the previous year.