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Nocil Limited Q4FY23 Earnings Story

NOCIL Ltd., incorporated in 1961, is engaged in the manufacture of rubber chemicals which are used by the tyre industry and other rubber processing industries. 

Financial Results:

  • Nocil Ltd. reported Total Income for Q4FY23 of ₹ 393 Crores up from ₹ 463 Crore year on year, a fall of 15%.

  • Total Expenses for Q4FY23 of ₹ 357 Crores up from ₹ 368 Crores year on year, fall of 3%.

  • Consolidated Net Profit of ₹ 28 Crores, down 59% from ₹ 69 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 1.70, down 59% from ₹ 4.14 in the same quarter of the previous year.
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