Categories AlphaGraphs, Earnings, Industrials

Vinati Organics Ltd Q2FY24; 28% fall in Profits

Incorporated in 1989, Vinati Organics Ltd manufactures specialty organic intermediaries and Monomers

Financial Results:

Vinati Organics Ltd reported Revenues for Q2FY24 of ₹448.00 Crores down from ₹566.00 Crore year on year, a fall of 20.85%.

Total Expenses for Q2FY24 of ₹351.00 Crores down from ₹431.00 Crores year on year, a fall of 18.56%.

Consolidated Net Profit of ₹84.00 Crores down 27.59% from ₹116.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.19, down 27.46% from ₹11.29 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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