{"id":156718,"date":"2023-11-28T05:44:43","date_gmt":"2023-11-28T10:44:43","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156718"},"modified":"2023-11-28T05:44:44","modified_gmt":"2023-11-28T10:44:44","slug":"fairchem-organics-ltd-q2fy24-150-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/fairchem-organics-ltd-q2fy24-150-rise-in-profits\/","title":{"rendered":"Fairchem Organics Ltd Q2FY24; 150% rise in Profits"},"content":{"rendered":"\n<p>Fairchem Organics Limited was established in 2019, wherein Fairchem Speciality Limited (FSL) transferred the businesses of Oleo chemicals and nutraceuticals as per the scheme of demerger. Fairchem Organics is engaged in manufacturing of specialty chemicals like dimer acid, linoleic acid, mixed tocopherol concentrate and sterols concentrate, which find application in various industries like nutraceuticals, paints, printing ink, detergents, adhesives, etc.<\/p>\n\n\n\n<p style=\"font-size:24px\"><strong>Financial Results:<\/strong><\/p>\n\n\n\n<p>Fairchem Organics Ltd reported Revenues for Q2FY24 of \u20b9152.00 Crores down from \u20b9169.00 Crore year on year, a fall of 10.06%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b9138.00 Crores down from \u20b9163.00 Crores year on year, a fall of 15.34%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b910.00 Crores up 150.0% from \u20b94.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b97.90, up 157.33% from \u20b93.07 in the same quarter of the previous year.<\/p>\n\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-345-839x1024.png\" alt=\"\" class=\"wp-image-156737\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-345-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-345-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-345-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-345-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-345.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/dashboard\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-6.gif\" alt=\"\" class=\"wp-image-156681\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Fairchem Organics Limited was established in 2019, wherein Fairchem Speciality Limited (FSL) transferred the businesses of Oleo chemicals and nutraceuticals as per the scheme of demerger. Fairchem Organics is engaged in manufacturing of specialty chemicals like dimer acid, linoleic acid, mixed tocopherol concentrate and sterols concentrate, which find application in various industries like nutraceuticals, paints, [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":156737,"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":[8519],"class_list":["post-156718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-chemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-345.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":151414,"url":"https:\/\/alphastreet.com\/india\/fairchem-organics-ltd-q1fy24-77-fall-in-profits\/","url_meta":{"origin":156718,"position":0},"title":"Fairchem Organics Ltd Q1FY24; 77% fall in Profits","author":"Hardik Bhandare","date":"August 7, 2023","format":false,"excerpt":"The Company is mainly in the business of Tocopherols and Sterols. Mixed Tocopherol concentrate and Sterols concentrate are nutraceutical products that have usage in FMCG and food additives. Financial Results: Fairchem Organics Ltd reported Revenues for Q1FY24 of \u20b9160.59 Crores down from \u20b9225.12 Crore year on year, a fall of\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-245.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-245.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-245.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-245.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-245.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-245.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":133466,"url":"https:\/\/alphastreet.com\/india\/fairchem-organics-ltd-q1-fy23-earnings-conference-call-insights\/","url_meta":{"origin":156718,"position":1},"title":"Fairchem Organics Ltd Q1 FY23 Earnings Conference Call Insights","author":"Praveen","date":"August 26, 2022","format":false,"excerpt":"https:\/\/youtu.be\/b1P3sV4cvR8 Key highlights from Fairchem Organics Ltd (FAIRCHEMOR) Q1 FY23 Earnings Concall Q&A Highlights: Raj Shah of Statheros Holdings asked about the sustainability of 1Q gross margin of 36-38% going forward. Nahoosh Jariwala MD replied that the company believes it\u2019s sustainable because of economy of scale and forward integration of\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":[]},{"id":156854,"url":"https:\/\/alphastreet.com\/india\/ami-organics-ltd-q2fy24-17-rise-in-revenue\/","url_meta":{"origin":156718,"position":2},"title":"Ami Organics Ltd Q2FY24; 17% rise in Revenue","author":"Divyansh_Kasana","date":"November 29, 2023","format":false,"excerpt":"Ami Organics Limited is one of the leading research and development-driven manufacturers of specialty chemicals. The company manufactures different types of Advanced Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (API) for New Chemical Entities, and materials for agrochemicals and fine chemicals. Financial Results: Ami Organics Ltd reported Revenues for Q2FY24 of\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\/11\/image-397.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-397.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-397.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-397.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-397.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-397.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157461,"url":"https:\/\/alphastreet.com\/india\/vinati-organics-ltd-q2fy24-28-fall-in-profits\/","url_meta":{"origin":156718,"position":3},"title":"Vinati Organics Ltd Q2FY24; 28% fall in Profits","author":"Chirag Gupta","date":"December 19, 2023","format":false,"excerpt":"Incorporated in 1989, Vinati Organics Ltd manufactures specialty organic intermediaries and Monomers Financial Results: Vinati Organics Ltd reported Revenues for Q2FY24 of \u20b9448.00 Crores down from \u20b9566.00 Crore year on year, a fall of 20.85%. Total Expenses for Q2FY24 of \u20b9351.00 Crores down from \u20b9431.00 Crores year on year, a\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\/12\/image-145.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-145.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-145.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-145.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-145.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-145.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155979,"url":"https:\/\/alphastreet.com\/india\/valiant-organics-ltd-q2fy24-81-fall-in-profits\/","url_meta":{"origin":156718,"position":4},"title":"Valiant Organics Ltd Q2FY24; 81% fall in Profits","author":"Chirag Gupta","date":"November 9, 2023","format":false,"excerpt":"Valiant Organics is engaged in the business of Manufacturing of chemicals for Agro Intermediate and Pharma. Financial Results: Valiant Organics Ltd reported Revenues for Q2FY24 of \u20b9203.10 Crores down from \u20b9264.07 Crore year on year, a fall of 23.09%. Total Expenses for Q2FY24 of \u20b9200.32 Crores down from \u20b9231.85 Crores\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\/11\/image-113.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-113.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-113.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-113.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-113.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-113.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157584,"url":"https:\/\/alphastreet.com\/india\/dhampur-bio-organics-ltd-q2fy24-99-fall-in-profits\/","url_meta":{"origin":156718,"position":5},"title":"Dhampur Bio Organics Ltd Q2FY24; 99% fall in Profits","author":"Divyansh_Kasana","date":"January 3, 2024","format":false,"excerpt":"Dhampur Bio Organics Limited is an integrated sugarcane processing companies which demerged from Dhampur sugar Mills Ltd listed in Sept 2022. Their products include ethanol and Domestic spirits (Country Liquor). Financial Results: Dhampur Bio Organics Ltd reported Revenues for Q2FY24 of \u20b9538.18 Crores up from \u20b9515.07 Crore year on year,\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\/01\/image-8.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-8.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-8.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-8.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-8.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-8.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156718","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\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=156718"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/156737"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=156718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=156718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=156718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}