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Punjab Chemicals & Crop Protection Ltd Q1FY24; 10% rise in Profits

Started in 1975 as Punjab United Pesticides & Chemicals Limited (PUPCL) has now evolved as Punjab Chemicals and Crop Protection Limited (Punjab Chemicals), uniting all its divisions – Agro-technicals, Pharmaceuticals, Intermediates, Chemicals & International Trading, under one roof. The business of the Company is Performance Chemicals, which includes Agro Chemicals, Specialty Chemicals and other chemicals. The Company is also in contract manufacturing business producing products for Indian and multinational companies.

Financial Results:

Punjab Chemicals & Crop Protection Ltd reported Revenues for Q1FY24 of ₹281.00 Crores up from ₹272.00 Crore year on year, a rise of 3.31%.

Total Expenses for Q1FY24 of ₹253.00 Crores up from ₹245.00 Crores year on year, a rise of 3.27%.

Consolidated Net Profit of ₹22.00 Crores up 10.0% from ₹20.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹17.83, up 7.93% from ₹16.52 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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