Thirumalai Chemicals Ltd., a chemicals manufacturer based in India announced its results for the second quarter ended September 30, 2021.
Q2 Results- QoQ
The company’s net profit declined 22.3% to Rs 506 million for the period ended September 30, 2021 as against net profit of Rs 651.1 million for the previous quarter.
Net sales increased 20.6% to Rs 4.81 billion during the period ended September 30, 2021 as compared to Rs 3.99 billion during the previous quarter.
Q2 Results- YoY
The company’s net profit grew 206.1% to Rs 506 million for the period ended September 30, 2021 as against net profit of Rs 165.3 million for the prior-year quarter.
Net sales increased 79.4% to Rs 4.81 billion during the period ended September 30, 2021 as compared to Rs 2.68 billion during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit grew 3341.2% to Rs 1.15 billion for the 6 months period ended September 30, 2021 as against net loss of Rs 35.7 million for the prior-year 6 months period.
Net sales increased 128.5% to Rs 8.8 billion during the 6 months period ended September 30, 2021 as compared to Rs 3.85 million during the prior-year 6 months period.
Thirumalai Chemicals Ltd is engaged in the business of manufacture and selling phthalic anhydride, malic acid, maleic anhydride and fumaric acid.