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Ion Exchange reports strong Q1 numbers; consolidated profit up 34%

03 Aug 2024 Evaluate

Ion Exchange (India) has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 17.91% rise in net profit at Rs 45.83 crore for Q1FY25 as compared to Rs 38.87 crore for the same quarter in the previous year. Total income of the company increased by 15.22% at Rs 528.72 crore for Q1FY25 as compared to Rs 458.87 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 34.39% rise in its net profit at Rs 44.78 crore for the quarter ended June 30, 2024 as compared to Rs 33.32 crore for the same quarter in the previous year. Total income of the company increased by 18.60% at Rs 578.64 crore for Q1FY25 as compared to Rs 487.88 crore for the corresponding quarter previous year.


Peers
Company Name CMP
VA Tech Wabag 2099.45
ION Exchage 431.95
Refex Industries 293.75
Antony WasteHandling 364.35
Race Eco Chain 98.73
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