Tainwala Chemicals & Plastics (India) Ltd Q1FY24; 86% rise in Profits

Tainwala Chemicals and Plastics (India) Limited is engaged in the business of manufacturing extruded plastic sheets of various polymers like PVC, PP, PPGL, HDPE, ABS etc. The company is also involved in securities trading. It belongs to the Tainwala Group which has interests in consumer goods, consumer durables, industrial products, packaging and real estate.

Financial Results:

Tainwala Chemicals & Plastics (India) Ltd reported Revenues for Q1FY24 of ₹6.48 Crores up from ₹1.77 Crore year on year, a rise of 266.1%.

Total Expenses for Q1FY24 of ₹6.77 Crores up from ₹2.17 Crores year on year, a rise of 211.98%.

Consolidated Net Profit of ₹0.26 Crores up 85.71% from ₹0.14 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.28, up 86.67% from ₹0.15 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.