Incorporated in 1986, Manali Petrochemicals Limited manufactures and sells Propylene Oxide (PO), Propylene Glycol (PG) and Polyols (PY), which are used as industrial raw materials. Located in Chennai, the company is the only domestic manufacturer of Propylene Glycol. Also, it is the first and largest Indian manufacturer of Propylene Oxide which is the input material for the aforesaid derivative products.
Financial Results:
Manali Petrochemicals Ltd reported Revenues for Q1FY24 of ₹235.99 Crores down from ₹300.91 Crore year on year, a fall of 21.57%.
Total Expenses for Q1FY24 of ₹249.17 Crores down from ₹256.69 Crores year on year, a fall of 2.93%.
Consolidated Net Profit of -₹6.23 Crores from ₹37.14 Crores in the same quarter of the previous year.
The Earnings per Share is -₹0.36, from ₹2.16 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.