Polychem has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 36.77% rise in its net profit at Rs 1.33 crore for the quarter under review as compared to Rs 0.98 crore for the same quarter in the previous year. However, total income of the company decreased by 16.50% at Rs 8.26 crore for Q2FY24 as compared to Rs 9.89 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 63.22% fall in its net profit at Rs 1.66 crore for Q2FY24 as compared to Rs 4.52 crore for the same quarter in the previous year. Total income of the company decreased by 27.75% at Rs 12.41 crore for Q2FY24 as compared to Rs 17.18 crore for the corresponding quarter previous year.
