India’s DCW Reports 330.7% Jump in YoY Net Profit in Q3FY22

DCW Ltd., a chlor-alkali chemicals manufacturer based in India announced its results for the third quarter ended December 31, 2021.

Q3 Results- QoQ

The company’s net profit grew 35.7% to Rs 266.86 million for the period ended December 31, 2021 as against net profit of Rs 196.72 million for the previous quarter.

Net sales grew 14.5% to Rs 6.56 billion during the period ended December 31, 2021 as compared to Rs 5.73 billion during the previous quarter.

Q3 Results- YoY

The company’s net profit grew 330.7% to Rs 266.86 million for the period ended December 31, 2021 as against net profit of Rs 61.96 million during the prior-year quarter.

Net sales increased 69.3% to Rs 6.56 billion during the period ended December 31, 2021 as compared to Rs 3.87 billion during the prior-year quarter.

DCW Ltd is engaged in the business of manufacture and selling Caustic Soda, Liquid Chlorine and Chlorine based products such as Trichloroethylene and HCL.