Archean Chemical Industries consolidated net profit declines 57.81% in the March 2024 quarter

Sales decline 25.75% to Rs 283.91 crore

Net profit of Archean Chemical Industries declined 57.81% to Rs 57.59 crore in the quarter ended March 2024 as against Rs 136.51 crore during the previous quarter ended March 2023. Sales declined 25.75% to Rs 283.91 crore in the quarter ended March 2024 as against Rs 382.37 crore during the previous quarter ended March 2023.

For the full year,net profit declined 16.62% to Rs 318.98 crore in the year ended March 2024 as against Rs 382.56 crore during the previous year ended March 2023. Sales declined 7.70% to Rs 1330.09 crore in the year ended March 2024 as against Rs 1441.07 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales283.91382.37 -26 1330.091441.07 -8 OPM %30.6950.84 -34.7844.00 - PBDT97.39199.31 -51 497.52580.31 -14 PBT79.72182.02 -56 427.18511.68 -17 NP57.59136.51 -58 318.98382.56 -17

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