{"id":156511,"date":"2023-11-21T08:54:38","date_gmt":"2023-11-21T13:54:38","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156511"},"modified":"2023-11-21T08:54:40","modified_gmt":"2023-11-21T13:54:40","slug":"i-g-petrochemicals-ltd-q2fy24-82-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/i-g-petrochemicals-ltd-q2fy24-82-fall-in-profits\/","title":{"rendered":"I G Petrochemicals Ltd Q2FY24; 82% fall in Profits"},"content":{"rendered":"<p>I G Petrochemicals Ltd, incorporated in 1988, manufactures Phthalic Anhydride (PAN), Maleic Anhydride (MAN) and Benzoic Acid which are used in manufacturing of dyes, polyester resins etc.<\/p>\n<p>Financial Results:<\/p>\n<ul>\n<li>I G Petrochemicals Ltd reported Revenues for Q2FY24 of \u20b9502.00 Crores down from \u20b9569.00 Crore year on year, a fall of 11.78%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b9496.00 Crores down from \u20b9501.00 Crores year on year, a fall of 1.0%.<\/li>\n<li>Consolidated Net Profit of \u20b910.00 Crores down 81.82% from \u20b955.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b93.27, down 81.81% from \u20b917.98 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-275-839x1024.png\" alt=\"\" class=\"wp-image-156512\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-275.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I G Petrochemicals Ltd, incorporated in 1988, manufactures Phthalic Anhydride (PAN), Maleic Anhydride (MAN) and Benzoic Acid which are used in manufacturing of dyes, polyester resins etc. Financial Results: I G Petrochemicals Ltd reported Revenues for Q2FY24 of \u20b9502.00 Crores down from \u20b9569.00 Crore year on year, a fall of 11.78%. Total Expenses for Q2FY24 [&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":[8584],"class_list":["post-156511","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-petrochemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":151340,"url":"https:\/\/alphastreet.com\/india\/ig-petrochemicals-ltd-q1fy24-56-fall-in-profits\/","url_meta":{"origin":156511,"position":0},"title":"IG Petrochemicals Ltd Q1FY24; 56% fall in Profits","author":"Hardik Bhandare","date":"August 4, 2023","format":false,"excerpt":"IG Petrochemicals Ltd, incorporated in 1988, manufactures Phthalic Anhydride (PAN), Maleic Anhydride (MAN) and Benzoic Acid which are used in manufacturing of dyes, polyester resins etc. Financial Results: I G Petrochemicals Ltd reported Revenues for Q1FY24 of \u20b9555.00 Crores down from \u20b9660.00 Crore year on year, a fall of 15.91%.\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\/2023\/08\/image-222.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-222.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-222.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-222.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-222.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-222.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155823,"url":"https:\/\/alphastreet.com\/india\/southern-petrochemicals-industries-corporation-ltd-q2fy24-54-fall-in-profits\/","url_meta":{"origin":156511,"position":1},"title":"Southern Petrochemicals Industries Corporation Ltd Q2FY24; 54% fall in Profits","author":"Chirag Gupta","date":"November 6, 2023","format":false,"excerpt":"Southern Petrochemicals Industries Corporation Ltd is engaged in manufacturing and selling Urea and Nitrogenous chemical fertilizer. 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