Categories Earnings, Industrials
Sunshield Chemicals Ltd Q4FY23 results out, net profit grows by 20%
Sunshield Chemicals Ltd is engaged in the manufacture and sale of Speciality Chemicals in the domestic and international markets. The company serves customers from a wide variety of industries including Metal Treatment, Wire Insulation Enamel, PVC stabilizers, Inks, Colours, Coatings, Textiles, Agro Chemicals, etc. Clientele includes companies such as Asian Paints, Lubrizol, MRF, and Pidilite, among others. The top 10 customers contributed 61% of revenues in fiscal 2022.
- Sunshield Chemicals Ltd reported Total revenue for Q4 FY23 of ₹66.46 Crore, down from ₹66.74 Crore year on year depicting a decline of 0.41%.
- Total Expenses for Q4 FY23 of ₹59.14 Crore down, from ₹59.88 Crore year on year, a decline of 1.23%.
- Consolidated Net Profit of ₹3.35 Crore, up 20% from ₹2.79 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹4.56, up 20% from ₹3.79 in the same quarter of the previous year.
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