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Sree Rayalaseema Hi-Strength Hypo Ltd Q1FY24; 33% fall in Profits

Incorporated in 2005, Sree Rayalaseema Hi-Strength Hypo Limited is based in Kurnool, Andhra Pradesh, and is part of the TGV group. It is a leading producer of Calcium Hypochlorite, Stable Bleaching Powder, Sulphuric Acid and other chemicals.

Financial Results:

Sree Rayalaseema Hi-Strength Hypo Ltd reported Revenues for Q1FY24 of ₹261.00 Crores down from ₹570.00 Crore year on year, a fall of 54.21%.

Total Expenses for Q1FY24 of ₹230.00 Crores down from ₹521.00 Crores year on year, a fall of 55.85%.

Consolidated Net Profit of ₹24.00 Crores down 33.33% from ₹36.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹14.17, down 32.33% from ₹20.94 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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