NOCIL Ltd., incorporated in 1961, manufactures rubber chemicals which are used by the tyre industry and other rubber processing industries. It is a part of Arvind Mafatlal Group and is the Largest Rubber Chemicals Manufacturer in India.
Financial Results:
- NOCIL Ltd reported Revenues for Q2FY24 of ₹351.00 Crores down from ₹389.00 Crore year on year, a fall of 9.77%.
- Total Expenses for Q2FY24 of ₹319.00 Crores down from ₹341.00 Crores year on year, a fall of 6.45%.
- Consolidated Net Profit of ₹27.00 Crores down 25.0% from ₹36.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.63, down 23.83% from ₹2.14 in the same quarter of the previous year.