Bodal Chemicals Ltd., a 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 15.5% to Rs 252.29 million for the period ended September 30, 2021 as against net profit of Rs 298.56 million for the previous quarter.
Net sales increased 10.1% to Rs 4.71 billion during the period ended September 30, 2021 as compared to Rs 4.28 million during the previous quarter.
Q2 Results- YoY
The company’s net profit grew 117.2% to Rs 252.29 million for the period ended September 30, 2021 as against net profit of Rs 116.16 million for the prior-year quarter.
Net sales increased 50% to Rs 4.71 billion during the period ended September 30, 2021 as compared to Rs 3.14 billion during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit increased 780% to Rs 550.85 million for the 6 months period ended September 30, 2021 as against net loss of Rs 81.02 million for the prior-year 6 months period.
Net sales increased 106.1% to Rs 8.99 billion during the 6 months period ended September 30, 2021 as compared to Rs 4.36 million during the prior-year 6 months period.
Bodal Chemicals Ltd is engaged in the business of manufacture and selling dyes, dye Intermediates and basic chemicals.