Galaxy Surfactants Ltd Q3FY24; 33% fall in Profits

Galaxy Surfactants Ltd was Incorporated in 1986. It’s a leading manufacturer of Performance Surfactants and Specialty Care products with over 205 product grades. These products are used in consumer-centric Home and Personal care products like hair care, oral care, skin care, cosmetics, soap, shampoo, lotion, detergent, cleaning products, etc. Preferred suppliers to leading MNC’s, Regional and Local FMCG brands.
The company is India’s Largest Manufacturer of Oleo chemical-based Surfactants and Specialty Care Products for Home Care and Personal Care Industries

Financial Results:

Galaxy Surfactants Ltd reported Revenues for Q3FY24 of ₹940.00 Crores down from ₹1,085.00 Crore year on year, a fall of 13.36%.

Total Expenses for Q3FY24 of ₹859.00 Crores down from ₹959.00 Crores year on year, a fall of 10.43%.

Consolidated Net Profit of ₹71.00 Crores down 33.02% from ₹106.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹20.13, down 32.81% from ₹29.96 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.