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Fairchem Organics Ltd Q1FY24; 77% fall in Profits

The Company is mainly in the business of Tocopherols and Sterols. Mixed Tocopherol concentrate and Sterols concentrate are nutraceutical products that have usage in FMCG and food additives.

Financial Results:

  • Fairchem Organics Ltd reported Revenues for Q1FY24 of ₹160.59 Crores down from ₹225.12 Crore year on year, a fall of 28.66%.
  • Total Expenses for Q1FY24 of ₹152.46 Crores down from ₹189.35 Crores year on year, a fall of 19.48%.
  • Consolidated Net Profit of ₹6.12 Crores down 77.36% from ₹27.03 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹4.70, down 77.36% from ₹20.76 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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