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Ion Exchange (India) reports 22% rise in Q1 consolidated net profit

27 Jul 2023 Evaluate

Ion Exchange (India) has reported results for first quarter ended June 30, 2023 (Q1FY24). 

Ion Exchange (India) has reported 23.36% rise in its net profit at Rs 38.39 crore for the quarter under review as compared to Rs 31.12 crore for the same quarter in the previous year. Total income of the company increased by 22.18% at Rs 459.21 crore for Q1FY24 as compared Rs 375.85 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 21.69% rise in net profit at Rs 33.32 crore for the quarter ended June 30, 2023 as compared to Rs 27.38 crore for the same quarter in the previous year. Total income of the company increased by 22.81% at Rs 487.88 crore for Q1FY24 as compared Rs 397.28 crore for the corresponding quarter previous year.

Peers
Company Name CMP
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