Founded in 1986 as M/s Gujarat Industries, the company was incorporated in 1995 as Meghmani Organics Limited. The company manufactures Pigments and Agrochemicals through its 6 manufacturing facilities located in Gujarat. The company is amongst the top 3 Phthalocyanine based pigment players in the world and amongst the top 10 producers of pesticides in India. Meghmani Organics Ltd (MOL) manufactures green and blue pigment products, which are used to manufacture printing ink, plastic, paints, textiles, leather, and rubber.
Financial Results:
Meghmani Organics Ltd reported Revenues for Q1FY24 of ₹426.00 Crores down from ₹783.00 Crore year on year, a fall of 45.59%.
Total Expenses for Q1FY24 of ₹476.00 Crores down from ₹679.00 Crores year on year, a fall of 29.9%.
Consolidated Net Profit of -₹34.00 Crores from ₹109.00 Crores in the same quarter of the previous year.
The Earnings per Share is -₹1.36, from ₹4.29 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.