Transpek Industry Limited., a sulphur-chlorine based chemicals manufacturer announced its results for the second quarter ended September 30, 2020.
Q2 Results- QoQ
The company’s net profit declined 85% to Rs 0.57 crores for the period ended September 30, 2020 as against net profit of Rs 3.77 crores for the previous quarter.
Net sales grew 1% to Rs 80.25 crores during the period ended September 30, 2020 as compared to Rs 79.59 crores during the previous quarter.
Q2 Results- YoY
The company’s net profit declined 96.3% to Rs 0.57 crores for the period ended September 30, 2020 as against net profit of Rs 15.45 crores for the prior-year quarter.
Net sales dropped 37.5% to Rs 80.25 crores during the period ended September 30, 2020 as compared to Rs 128.49 crores during the prior-year quarter.
Half-Year Results- YoY
The company’s net profit declined 77% to Rs 4.34 crores for the 6 months period ended September 30, 2020 as against net profit of Rs 18.8 crores for the prior-year 6 months period.
Net sales dropped 35.2% to Rs 159.84 crores during the 6 months period ended September 30, 2020 as compared to Rs 246.83 crores during the prior-year 6 months period.