Sudarshan Chemical Industries Ltd., a specialty chemical manufacturer based in India announced its results for the second quarter ended September 30, 2021.
Q2 Results- QoQ
The company’s net profit declined 13.01% to Rs 227.59 million for the period ended September 30, 2021 as against net profit of Rs 261.64 million for the previous quarter.
Net sales increased 5.2% to Rs 4.99 billion during the period ended September 30, 2021 as compared to Rs 4.74 billion during the previous quarter.
Q2 Results- YoY
The company’s net profit dropped 24.9% to Rs 227.59 million for the period ended September 30, 2021 as against net profit of Rs 303.32 million for the prior-year quarter.
Net sales increased 16% to Rs 4.99 billion during the period ended September 30, 2021 as compared to Rs 4.3 billion during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit increased 0.8% to Rs 489.23 million for the 6 months period ended September 30, 2021 as against net profit of Rs 485.31 billion for the prior-year 6 months period.
Net sales increased 24.3% to Rs 9.73 billion during the 6 months period ended September 30, 2021 as compared to Rs 7.83 billion during the prior-year 6 months period.
Sudarshan Chemical Industries Ltd is engaged in the business of manufacture and selling pigments and agro chemicals.