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India Glycols Ltd Q2FY24; 58% 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 Q2FY24 of ₹775.00 Crores up from ₹670.00 Crore year on year, a rise of 15.67%.
  • Total Expenses for Q2FY24 of ₹736.00 Crores up from ₹647.00 Crores year on year, a rise of 13.76%.
  • Consolidated Net Profit of ₹38.00 Crores up 58.33% from ₹24.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹12.28, up 51.98% from ₹8.08 in the same quarter of the previous year.
Tags: Chemical
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