Archean Chemical Industries standalone net profit declines 56.41% in the March 2024 quarter

Sales decline 25.89% to Rs 283.39 crore

Net profit of Archean Chemical Industries declined 56.41% to Rs 59.64 crore in the quarter ended March 2024 as against Rs 136.82 crore during the previous quarter ended March 2023. Sales declined 25.89% to Rs 283.39 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 15.98% to Rs 322.35 crore in the year ended March 2024 as against Rs 383.65 crore during the previous year ended March 2023. Sales declined 7.74% to Rs 1329.58 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.Sales283.39382.37 -26 1329.581441.07 -8 OPM %31.0950.86 -34.9244.02 - PBDT99.77199.65 -50 501.37581.59 -14 PBT82.30182.39 -55 431.37513.08 -16 NP59.64136.82 -56 322.35383.65 -16

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