IVP Ltd is engaged in the business of Organic and inorganic chemicals.
It was originally a part of the Tata group but later got acquired by the Allana group of which is is an integral part today.
Financial Results:
- IVP Ltd reported Revenues for Q1FY24 of ₹139.58 Crores down from ₹162.17 Crore year on year, a fall of 13.93%.
- Total Expenses for Q1FY24 of ₹138.66 Crores down from ₹158.09 Crores year on year, a fall of 12.29%.
- Consolidated Net Profit of ₹1.19 Crores down 66.0% from ₹3.50 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.15, down 66.08% from ₹3.39 in the same quarter of the previous year.