Gujarat Fluorochemicals Reports 60.9% Growth in YoY Net Profit for Q3 FY23

Gujarat Fluorochemicals Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The chemical company has reported a decrease in sales revenue by 3.11% in Q3 FY2023 as compared to Q2 FY2023. The sales revenue has decreased from Rs 14.8559 billion in Q2 … Read more

Deepak Nitrite Reports 13.8% Drop in YoY Net Profit for Q3 FY23

Deepak Nitrite Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The financials for Q3 of FY2023 show an increase in both Total Income and Net Profit when compared to Q2 of the same fiscal year. Revenue increased by 1.5% from 19.73 … Read more

Balaji Amines Reports 30.1% Drop in YoY Net Profit for Q3 FY23

Balaji Amines Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit dropped by 32.4% to Rs 625.72 million for the period ended Dec 31, 2022 as against net profit of Rs 925.69 million for the previous quarter. Net … Read more

Deepak Fert. & Petchem Reports 38.8% Growth in YoY Net Profit for Q3 FY23

Deepak Fertilisers and Petrochemicals Corporation Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit dropped by 8.3% to Rs 2.49 billion for the period ended Dec 31, 2022 as against net profit of Rs 2.71 billion for the … Read more

Berger Paints India Ltd Reports 20.5% Drop in YoY Net Profit for Q3 FY23

Berger Paints India Ltd, an Indian multinational paints and coatings manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit dropped by 8.4% to Rs 2.01 billion for the period ended Dec 31, 2022 as against net profit of Rs 2.19 billion for … Read more

Tata Chemicals Ltd Reports 25.7% Growth in YoY Net Profit for Q3 FY23

Tata Chemicals Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit dropped by 37.7% to Rs 3.91 billion for the period ended Dec 31, 2022 as against net profit of Rs 6.28 billion for the previous quarter. Net … Read more

SRF Ltd Reports 1.2% Growth in YoY Net Profit for Q3 FY23

SRF Ltd, an Indian chemicals manufacturer announced its results for the third quarter and nine months ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit grew by 6.24% to Rs 5.11 billion for the period ended Dec 31, 2022 as against net profit of Rs 4.81 billion for the previous quarter. Net sales … Read more

Pidilite Industries Ltd Reports 15.2% Drop in YoY Net Profit for Q3 FY23

Pidilite Industries Ltd, an Indian specialty chemicals manufacturer announced its results for the third quarter ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit declined by 8.5% to Rs 3.04 billion for the period ended Dec 31, 2022 as against net profit of Rs 3.32 billion for the previous quarter. Net sales decreased … Read more

Meghmani Organics Ltd Reports 87.8% Slump in YoY Net Profit for Q3 FY23

Meghmani Organics Ltd, an Indian specialty chemicals manufacturer announced its results for the third quarter ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit declined by 87.4% to Rs 83.54 million for the period ended Dec 31, 2022 as against net profit of Rs 661.49 million for the previous. Net sales decreased 14.6% … Read more

Atul Ltd Reports 32.4% Decline in YoY Net Profit for Q3 FY23

Atul Ltd, an Indian specialty chemicals manufacturer announced its results for the third quarter ended Dec 31, 2022. Q3 Results- QoQ The company’s net profit declined by 30.4% to Rs 1.05 billion for the period ended Dec 31, 2022 as against net profit of Rs 1.51 billion for the previous quarter. Net sales decreased 15% … Read more

Reliance’s O2C Business Reports 2.9% increase in YoY EBIDTA for Q3 FY23

Reliance Industries Ltd announced its O2C Business segment results for the third quarter ended Dec 31, 2022. Q3 Results- QoQ The segment’s EBIDTA grew 16.36% to Rs 139.26 billion for the period ended Dec 31, 2022 as against EBIDTA of Rs 119.68 billion for the previous quarter due to weak margins. Net sales decreased 9.4% … Read more

India Glycols completes stake sale in Kashipur Infrastructure and Freight Terminal

With the execution of Share Purchase Agreement for sale of India Glycols Limited’s entire investment in equity shares of joint venture namely Kashipur Infrastructure and Freight Terminal Private Limited to Gateway Distriparks Limited. Upon fulfillment of conditions precedent under the SPA, on 23rd December, 2022, the Company has transferred 42.31% shareholding (i.e. 26,74,418 shares) of … Read more

Deepak Fertilisers announces demerger of its Mining Chemicals & Fertiliser Businesses

The Board of Directors of Smartchem Technologies Limited (STL) at its meeting held approved a Corporate Restructuring Plan with the objective of unlocking growth potential of each of the businesses. STL is a wholly owned subsidiary of Deepak Fertilisers and Petrochemicals Corporation Limited, one of India’s leading producers of industrial chemicals and fertilisers (DFPCL). Commenting … Read more

Meghmani Finechem debuts in MSCI India Domestic Small Cap Index

Meghmani Finechem Limited (MFL), a leading integrated chemical manufacturer in India, will be making a debut in the MSCI India Domestic Small Cap Index. This addition was done as a part of MSCI’s semi-annual quarterly index review for the Asia-Pacific region. The new additions to the indices will be effective from November 30, 2022. Recently, … Read more

Chemcon Speciality Chemicals Ltd Reports 46.3% Drop in YoY Net Profit for Q2 FY23

Chemcon Speciality Chemicals Limited., a Indian specialty chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 69.3% to Rs 78.23 million for the period ended Sept 30, 2022 as against net profit of Rs 254.57 million for the previous quarter. Net sales fell … Read more

India Glycols Ltd Reports 33% Drop in YoY Net Profit for Q2 FY23

India Glycols Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 13.8% to Rs 250.1 million for the period ended Sept 30, 2022 as against net profit of Rs 290.2 million for the previous quarter. Net sales fell 12.5% to … Read more

Deepak Nitrite Ltd Reports 31.4% Drop in YoY Net Profit for Q2 FY23

Deepak Nitrite Limited., a Indian chemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 25.6% to Rs 1.74 billion for the period ended Sept 30, 2022 as against net profit of Rs 2.34 billion for the previous quarter. Net sales decreased 4.5% to … Read more

Alkyl Amines Chemicals Ltd Reports 3% Drop in YoY Net Profit for Q2 FY23

Alkyl Amines Chemicals Limited., a Indian aliphatic amines manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit declined 36% to Rs 524.1 million for the period ended Sept 30, 2022 as against net profit of Rs 818.8 million for the previous quarter. Net sales decreased … Read more

Insecticides India Ltd Reports 7% Net Profit Growth YoY for Q2 FY23

Insecticides (India) Limited., a Indian agrochemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 17% to Rs 440.83 million for the period ended Sept 30, 2022 as against net profit of Rs 383.09 million for the previous quarter. Net sales increased 3.9% to … Read more

PI Industries Ltd Reports 46% Net Profit Growth YoY for Q2 FY23

PI Industries Limited., a Indian agrochemicals manufacturer announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 27.6% to Rs 3.34 billion for the period ended Sept 30, 2022 as against net profit of Rs 2.62 billion for the previous quarter. Net sales decreased 14.7% to … Read more