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India Glycols Ltd Q1FY24; 82% rise in Profits

Established in 1988, India Glycols Ltd. is engaged in the manufacturing of green technology-based bulk, specialty & performance chemicals, and natural gums, spirits, industrial gases, sugar, and nutraceuticals.

Financial Results:

  • India Glycols Ltd reported Revenues for Q1FY24 of ₹689.00 Crores down from ₹808.00 Crore year on year, a fall of 14.73%.
  • Total Expenses for Q1FY24 of ₹638.00 Crores down from ₹789.00 Crores year on year, a fall of 19.14%.
  • Consolidated Net Profit of ₹51.00 Crores up 82.14% from ₹28.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹16.52, up 76.31% from ₹9.37 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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