India Glycols Ltd., a chemicals manufacturer based in India announced its results for the third quarter ended December 31, 2021.
Q3 Results- QoQ
The company’s net profit declined 35.6% to Rs 240.1 million for the period ended December 31, 2021 as against net profit of Rs 372.8 million for the previous quarter.
Net sales grew 3.7% to Rs 17.67 billion during the period ended December 31, 2021 as compared to Rs 17.03 billion during the previous quarter.
Q3 Results- YoY
The company’s net profit decreased 19.5% to Rs 240.1 million for the period ended December 31, 2021 as against net profit of Rs 298.2 million during the prior-year quarter.
Net sales increased 7.6% to Rs 17.67 billion during the period ended December 31, 2021 as compared to Rs 16.42 billion during the prior-year quarter.
India Glycols Ltd is engaged in the business of manufacture and selling green technology based bulk, specialty and performance chemicals and natural gums, spirits, industrial gases, sugar and nutraceuticals.