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Earnings Summary Of Galaxy Surfactants Limited For Q3 FY23

Galaxy Surfactants Limited (NSE: GALAXYSURF) is a leading manufacturer of performance surfactants and specialty chemicals used in personal care, home care, industrial and institutional (I&I), and agrochemical applications. The company has a presence in over 100 countries, with a customer base that includes leading global consumer goods companies. Galaxy Surfactants has manufacturing facilities located in India, the United States, and Egypt.

In terms of earnings, Revenue from Operations for Q3 FY23 was ₹1,080.26 crore, a 16% increase from ₹929.09 crore in the same period last year. The third quarter’s other income, which contributed ₹3.74 Crore to the Total Revenue. Meanwhile, the Profit Before Tax improved to ₹130.69 Crore from ₹57.58 Crore from the same quarter previous year. The Consolidated Net Profit was ₹106.21 crore, up 133% from ₹45.62 crore in the same quarter last year. This quarter’s earnings per share was ₹29.96. In the same time period, the company’s Tax Expense increased up to ₹22.98 Crore from ₹10.6 Crore.

Categories: Earnings
Tags: Chemicals
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