Lords Chloro Alkali Ltd., a chlor-alkali manufacturer based in India announced its results for the quarter ended June 30, 2021.
Q1 Results- QoQ
The company’s net profit grew 297% to Rs 2.03 crores ($0.27 million) for the period ended June 30, 2021 as against net profit of Rs 0.51 crores ($0.07 million) for the previous quarter.
Net sales declined 11% to Rs 44.72 crores ($6 million) during the period ended June 30, 2021 as compared to Rs 50.17 crores ($6.7 million) during the previous quarter.
Q1 Results- YoY
The company’s net profit grew 101.4% to Rs 2.03 crores ($0.27 million) for the period ended June 30, 2021 as against net loss of Rs 1.08 crores ($0.14 million) for the prior-year quarter.
Net sales declined 288 % to Rs 44.72 crores ($6 million) during the period ended June 30, 2021 as compared to Rs 22.2 crores ($3 million) during the prior-year quarter.