Thirumalai Chemicals Ltd., an Indian fine chemicals manufacturer has reported financial results for the period ended March 31, 2020.
Q4 Results
The company’s net profit fell by 86.29% to Rs 2.43 crores ($0.32 million) for the period ended March 31, 2020 as against Rs 17.73 crores ($2.3 million) for the period ended March 31, 2019.
Net sales dropped by 8.02% to Rs 290.98 crores ($38.1 million) during the period ended March 31, 2020 as compared to Rs 316.36 crores ($41.5 million) during the period ended March 31, 2019.
Full-Year Results
The company’s net profit fell by 79.6% to Rs 23.17 crores ($3.0 million) for the full-year period ended March 31, 2020 as against Rs 113.57 crores ($14.9 million) for the full-year period ended March 31, 2019.
The company has reported net sales of Rs 1105.75 crores ($144.9 million) during the full-year period ended March 31, 2020, a decline of 13.11% as compared to Rs 1272.55 crores ($166.8 million) during the full-year period ended March 31, 2019.
The company has reported EPS of Rs 2.26 ($0.03) for the full-year period ended March 31, 2020 as compared to Rs 11.09 ($0.15) for the full-year period ended March 31, 2019.