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AlphaStreet Analysis

Excel Industries Ltd Q1FY24; 84% fall in Profits

Excel Industries is engaged in manufacturing and selling of Chemicals, Pharma intermediates and Environmental products.


Financial Results:

  • Excel Industries Ltd reported Revenues for Q1FY24 of ₹214.28 Crores down from ₹328.81 Crore year on year, a fall of 34.83%.
  • Total Expenses for Q1FY24 of ₹215.95 Crores down from ₹281.92 Crores year on year, a fall of 23.4%.
  • Consolidated Net Profit of ₹5.88 Crores down 84.13% from ₹37.05 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹4.68, down 84.12% from ₹29.47 in the same quarter of the previous year.
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