Poddar Pigments Limited., a specialty chemical manufacturer based in India announced its results for the first quarter ended June 30, 2022.
Q1 Results- QoQ
The company’s net profit marginally grew 0.9% to Rs 54.4 million for the period ended June 30, 2022 as against net profit of Rs 53.9 million for the previous quarter.
Net sales decreased 1.7% to Rs 827.9 million during the period ended June 30, 2022 as com-pared to Rs 842.06 billion during the previous quarter.
Q1 Results- YoY
The company reported 15.3% growth in net profit of Rs 54.4 million for the period ended June 30, 2022 as against net profit of Rs 47.19 million for the prior-year quarter.
Net sales increased 34.2% to Rs 827.9 million during the period ended June 30, 2022 as com-pared to Rs 617.13 million during the prior-year quarter.
Poddar Pigments Limited is an Indian chemical company and is engaged in the manufacture and sale of fibre-grade masterbatches for spin-colouration of filament yarns/fibres of polypropylene polyester and nylon. It has a manufacturing facility in Jaipur Rajasthan.