{"id":156376,"date":"2023-11-17T08:00:40","date_gmt":"2023-11-17T13:00:40","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156376"},"modified":"2023-11-17T08:00:41","modified_gmt":"2023-11-17T13:00:41","slug":"hikal-ltd-q2fy24-48-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/hikal-ltd-q2fy24-48-fall-in-profits\/","title":{"rendered":"Hikal Ltd Q2FY24; 48% fall in Profits"},"content":{"rendered":"<p>Hikal is a partner to companies in the Pharmaceuticals, Crop Protection, and Specialty Chemicals industry. The company is in the business of supplying research services, active ingredients and intermediates for its customers. Hikal&#8217;s manufacturing facilities have been inspected and approved by leading multinational companies in the Crop protection and Pharmaceutical sectors. The Crop protection facilities are located at Taloja and Mahad {Maharashtra). The Pharmaceutical manufacturing facilities are situated in Jigani (Bengaluru) and Panoli (Gujarat). Hikal&#8217;s R &amp; D facilities are located in Pune.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>Hikal Ltd reported Revenues for Q2FY24 of \u20b9435.00 Crores down from \u20b9559.00 Crore year on year, a fall of 22.18%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b9419.00 Crores down from \u20b9527.00 Crores year on year, a fall of 20.49%.<\/li>\n<li>Consolidated Net Profit of \u20b913.00 Crores down 48.0% from \u20b925.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b91.02, down 49.25% from \u20b92.01 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-233-839x1024.png\" alt=\"\" class=\"wp-image-156377\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-233-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-233-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-233-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-233-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-233.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Hikal is a partner to companies in the Pharmaceuticals, Crop Protection, and Specialty Chemicals industry. The company is in the business of supplying research services, active ingredients and intermediates for its customers. Hikal&#8217;s manufacturing facilities have been inspected and approved by leading multinational companies in the Crop protection and Pharmaceutical sectors. The Crop protection facilities [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[10162],"class_list":["post-156376","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-pharmaceutical"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":164766,"url":"https:\/\/alphastreet.com\/india\/hikal-ltd-q1fy25-26-fall-in-profits\/","url_meta":{"origin":156376,"position":0},"title":"Hikal Ltd Q1FY25; 26% fall in Profits","author":"Divyansh_Kasana","date":"October 9, 2024","format":false,"excerpt":"Hikal is a partner to companies in the Pharmaceuticals, Crop Protection, and Specialty Chemicals industry. 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The company is in the business of supplying research services, active ingredients and intermediates for its customers. Hikal's manufacturing facilities have been inspected and approved by leading multinational companies in the Crop protection and Pharmaceutical\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-31.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-31.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-31.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-31.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-31.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-31.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":160233,"url":"https:\/\/alphastreet.com\/india\/hikal-ltd-q3fy24-38-fall-in-profits\/","url_meta":{"origin":156376,"position":2},"title":"Hikal Ltd Q3FY24; 38% fall in Profits","author":"Divyansh_Kasana","date":"March 27, 2024","format":false,"excerpt":"Hikal is a partner to companies in the Pharmaceuticals, Crop Protection, and Specialty Chemicals industry. 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With a rich history spanning decades, Hikal has evolved into a trusted partner\u2026","rel":"","context":"In &quot;Research Summary&quot;","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/09\/f6ceac66-f2a3-45a2-ae80-d4455cad9356-6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":127925,"url":"https:\/\/alphastreet.com\/india\/hikal-limited-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":156376,"position":5},"title":"Hikal Limited Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"February 24, 2022","format":false,"excerpt":"Key highlights from Hikal Limited (HIKAL) Q3 FY22 Earnings Concall Management Update: HIKAL stated that the company expects some short term impact on the operations of Crop Protection business due to the recent receipt of a MPCB notice. Q&A Highlights: Rahul Jain from Credence Wealth asked about the pharma business\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=156376"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156376\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=156376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=156376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=156376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}