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Himadri Speciality Chemical reports over 2- fold jump in Q1 consolidated net profit

19 Jul 2023 Evaluate

Himadri Speciality Chemical has reported results for first quarter ended June 30, 2023 (Q1FY24). 

The company has reported over 2- fold jump in its net profit at Rs 87.66 crore for the quarter under review as compared to Rs 38.93 crore for the same quarter in the previous year. However, total income of the company decreased by 8.32% at Rs 961.03 crore for Q1FY24 as compared Rs 1048.20 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 2- fold jump in its net profit at Rs 86.10 crore for the quarter ended June 30, 2023 as compared to Rs 38.56 crore for the same quarter in the previous year. However, total income of the company decreased by 8.32% at Rs 961.03 crore for Q1FY24 as compared Rs 1048.20 crore for the corresponding quarter previous year.

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