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NOCIL reports 47% rise in Q1 net profit

25 Jul 2018 Evaluate

NOCIL has reported results for first quarter ended June 30, 2018

The company has reported 46.74% rise in its net profit at Rs 50.80 crore for the quarter under review as compared to Rs 34.62 crore for the same quarter in the previous year. Total income of the company increased by 12.89% at Rs 270.19 crore for Q1FY19 as compared Rs 239.33 crore for the corresponding quarter previous year.

NOCIL is an India-based company, which offers basic organic chemicals. The company is engaged in the business of manufacturing and trading of rubber chemicals.

Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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