Sadhana Nitro Chem Q2 profit at Rs 2.57 cr, revenue up 15% to Rs 42 cr

"This growth can be primarily attributed to the steady increase in global demand for our products," the company said

Q2
Sadhana Nitro Chem Ltd manufactures intermediate specialty chemicals | Illustration: Ajay Mohanty
Press Trust of India New Delhi
1 min read Last Updated : Oct 27 2023 | 8:56 PM IST

Chemical firm Sadhana Nitro Chem Ltd has posted a consolidated net profit of Rs 2.57 crore for the second quarter of this fiscal.

It had posted a net loss of Rs 0.37 crore in the year-ago period.

Total income rose 15 per cent to Rs 42.01 crore in July-September period of this fiscal, from Rs 36.53 crore in the corresponding period of the previous year, the company said in a statement.

"This growth can be primarily attributed to the steady increase in global demand for our products," the company said.

Sadhana Nitro Chem Ltd manufactures intermediate specialty chemicals. It has a manufacturing facility in Roha, Maharashtra spread over 22 acres.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Q2 resultsChemical sector

First Published: Oct 27 2023 | 8:56 PM IST

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