Incorporated in 1982, Nikhil Adhesives is a Mumbai based multi-product company who is into manufacturing, selling and exporting various types of adhesives, emulsions that are used for various applications. It is also trading in Chemicals used in emulsions and adhesive industry.
Financial Results:
Nikhil Adhesives Ltd reported Revenues for Q1FY24 of ₹142.08 Crores down from ₹224.28 Crore year on year, a fall of 36.65%.
Total Expenses for Q1FY24 of ₹138.11 Crores down from ₹216.04 Crores year on year, a fall of 36.07%.
Consolidated Net Profit of ₹3.07 Crores down 51.11% from ₹6.28 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.67, down 51.09% from ₹1.37 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.