Transpek Industry Reports 260% Rise in YoY Q1FY21 Net Profit

Transpek Industry Ltd., a chemicals manufacturer based in India announced its results for the first quarter ended June 30, 2021.

Q1 Results- QoQ

The company’s net profit grew 24% to Rs 13.52 crores ($1.8 million) for the period ended June 30, 2021 as against net profit of Rs 10.94 crores ($1.5 million) for the previous quarter.

Net sales increased 30.4% to Rs 131.97 crores ($17.7 million) during the period ended June 30, 2021 as compared to Rs 101.18 crores ($13.6 million) during the previous quarter.

Q1 Results- YoY

The company’s net profit grew 260% to Rs 13.52 crores ($1.8 million) for the period ended June 30, 2021 as against net profit of Rs 3.76 crores ($0.51 million) for the prior-year quarter.

Net sales increased 66% to Rs 131.97 crores ($17.7 million) during the period ended June 30, 2021 as compared to Rs 79.59 crores ($10.7 million) during the prior-year quarter.

Transpek Industry Ltd is engaged in the business of manufacture and selling of chlorinated chemicals, inorganic chlorides, acid chlorides & fatty acid chlorides, alkyl chlorides etc