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NOCIL Ltd Q4FY24; 50% rise in Profits

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 Q4FY24 of ₹356.00 Crores down from ₹393.00 Crore year on year, a fall of 9.41%.

Total Expenses for Q4FY24 of ₹325.00 Crores down from ₹357.00 Crores year on year, a fall of 8.96%.

Consolidated Net Profit of ₹42.00 Crores up 50.0% from ₹28.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.49, up 46.47% from ₹1.70 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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