Categories AlphaGraphs, Earnings

Hikal Ltd Q2FY24; 48% fall in Profits

Hikal is a partner to companies in the Pharmaceuticals, Crop Protection, and Specialty Chemicals industry. The company is in the business of supplying research services, active ingredients and intermediates for its customers. Hikal’s manufacturing facilities have been inspected and approved by leading multinational companies in the Crop protection and Pharmaceutical sectors. The Crop protection facilities are located at Taloja and Mahad {Maharashtra). The Pharmaceutical manufacturing facilities are situated in Jigani (Bengaluru) and Panoli (Gujarat). Hikal’s R & D facilities are located in Pune.

Financial Results:

  • Hikal Ltd reported Revenues for Q2FY24 of ₹435.00 Crores down from ₹559.00 Crore year on year, a fall of 22.18%.
  • Total Expenses for Q2FY24 of ₹419.00 Crores down from ₹527.00 Crores year on year, a fall of 20.49%.
  • Consolidated Net Profit of ₹13.00 Crores down 48.0% from ₹25.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.02, down 49.25% from ₹2.01 in the same quarter of the previous year.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,