Transpek Industry 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 grew 30.2% to Rs 175.99 million for the period ended September 30, 2021 as against net profit of Rs 135.21 million for the previous quarter.
Net sales increased 20.1% to Rs 1.58 billion during the period ended September 30, 2021 as compared to Rs 1.32 billion during the previous quarter.
Q2 Results- YoY
The company’s net profit grew 2976.3% to Rs 175.99 million for the period ended September 30, 2021 as against net profit of Rs 5.72 million for the prior-year quarter.
Net sales increased 97.5% to Rs 0.8 billion during the period ended September 30, 2021 as compared to Rs 6.96 billion during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit grew 617% to Rs 311.17 million for the 6 months period ended September 30, 2021 as against net profit of Rs 43.4 million for the prior-year 6 months period.
Net sales increased 81.7% to Rs 2.9 billion during the 6 months period ended September 30, 2021 as compared to Rs 1.59 billion during the prior-year 6 months period.
Transpek Industry Ltd is engaged in the business of manufacture and selling compounds from sulphur and chlorine such as sodium hydro sulphite, thionyl chloride, chloro acetyl chloride etc.