Khaitan Chemicals slides as Q1 PAT drops 49% YoY to Rs 11 crore
Mumbai, July 14 -- Revenue from operations declined 6.09% YoY to Rs 220.03 crore during the quarter.
Profit before tax stood at Rs 13.18 crore in the June quarter, down from Rs 21.31 crore a year earlier.
Total expenses fell 2.28% YoY to Rs 208.43 crore. However, the cost of materials consumed rose 33.86% to Rs 201.29 crore, while employee benefits expense increased 5.66% to Rs 7.09 crore.
Khaitan Chemicals & Fertilizers manufactures single super phosphate (SSP) and sulphuric acid, with operations across Madhya Pradesh, Uttar Pradesh, Rajasthan, Chhattisgarh and Gujarat.
Published by HT Digital Content Services with permission from Capital Market....
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