Meghmani Finechem Limited (MFL) is part of the Ahmedabad-based Meghmani Group. It was incorporated in September 2007 as a subsidiary of Meghmani Organics Ltd (MOL) but was demerged in April 2021. The company is primarily engaged in manufacturing and selling of Chlor Alkali & its Derivatives with backward and forward integration facilities and also engaged in trading of Agrochemical products.
Financial Results:
Meghmani Finechem Ltd reported Revenues for Q1FY24 of ₹455.00 Crores down from ₹533.00 Crore year on year, a fall of 14.63%.
Total Expenses for Q1FY24 of ₹409.00 Crores up from ₹378.00 Crores year on year, a rise of 8.2%.
Consolidated Net Profit of ₹32.00 Crores down 70.37% from ₹108.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹7.62, down 70.62% from ₹25.94 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.
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