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Oricon Enterprises Ltd Q1FY24; 43% fall in Profits

Oricon Enterprises Ltd is engaged in the business of manufacturing petrochemical products, trading, liquid colorants and real estate, preform, metal and plastic closures.

Financial Results:

Oricon Enterprises Ltd reported Revenues for Q1FY24 of ₹154.73 Crores down from ₹190.40 Crore year on year, a fall of 18.73%.

Total Expenses for Q1FY24 of ₹150.02 Crores down from ₹178.98 Crores year on year, a fall of 16.18%.

Consolidated Net Profit of ₹8.60 Crores down 42.59% from ₹14.98 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.55, down 42.71% from ₹0.96 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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