Nikhil Adhesives standalone net profit declines 50.17% in the December 2022 quarter

Sales decline 26.85% to Rs 161.81 crore

Net profit of Nikhil Adhesives declined 50.17% to Rs 2.90 crore in the quarter ended December 2022 as against Rs 5.82 crore during the previous quarter ended December 2021. Sales declined 26.85% to Rs 161.81 crore in the quarter ended December 2022 as against Rs 221.21 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales161.81221.21 -27 OPM %4.464.56 -PBDT5.568.83 -37 PBT4.007.77 -49 NP2.905.82 -50

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