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NOCIL Ltd Q1FY24; 48% fall in Profits

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 Revenues for Q1FY24 of ₹397.00 Crores down from ₹509.00 Crore year on year, a fall of 22.0%.

Total Expenses for Q1FY24 of ₹354.00 Crores down from ₹420.00 Crores year on year, a fall of 15.71%.

Consolidated Net Profit of ₹34.00 Crores down 48.48% from ₹66.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.06, down 48.37% from ₹3.99 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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