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Kanoria Chemicals & Industries Ltd Q1FY24; 4% rise in Revenue

Kanoria Chemicals & Industries Ltd is a leading manufacturer of chemical intermediates in India. Apart from chemicals, it has diversified business interests in automotive and industrial electronics, renewable energy and textiles.

Financial Results:

  • Kanoria Chemicals & Industries Ltd reported Revenues for Q1FY24 of ₹401.50 Crores up from ₹386.31 Crore year on year, a rise of 3.93%.
  • Total Expenses for Q1FY24 of ₹417.45 Crores up from ₹381.46 Crores year on year, a rise of 9.43%.
  • Consolidated Net Profit of -₹3.84 Crores from ₹8.58 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹0.60, from ₹1.89 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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