Bodal Chemicals Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 06, 2023 at 03:45 am EST
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Bodal Chemicals Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 3,299.99 million compared to INR 4,012.21 million a year ago. Revenue was INR 3,359.29 million compared to INR 4,029.11 million a year ago. Net income was INR 12.44 million compared to INR 102.69 million a year ago. Basic earnings per share from continuing operations was INR 0.09 compared to INR 0.82 a year ago. Diluted earnings per share from continuing operations was INR 0.09 compared to INR 0.82 a year ago.
For the six months, sales was INR 6,624.84 million compared to INR 8,639.76 million a year ago. Revenue was INR 6,771.94 million compared to INR 8,694.49 million a year ago. Net income was INR 34.53 million compared to INR 327.97 million a year ago. Basic earnings per share from continuing operations was INR 0.27 compared to INR 2.62 a year ago. Diluted earnings per share from continuing operations was INR 0.27 compared to INR 2.62 a year ago.
Bodal Chemicals Limited is an India-based company, which is engaged in the business of manufacturing dyes, dye intermediates and basic chemicals. The Company is also a manufacturer of other chemicals, such as sulfuric acid, camphor sulfonic acid (CSA), oleum, beta naphthol and acetanilide. Its divisions include dye intermediates division, dyestuff division, sulfur and bulk chemical division, water purification division, chlor alkali division, pharma division. Its dye intermediate division produces approximately 25 variants of dye intermediates with VINYL SUPHONE (Acetanilide Base) as the core product. The Company manufactures approximately 150 variants of dyestuff, which are principally used as raw materials in textiles, leather, paper and other dyestuff consuming industries. It produces a water purification chemical, Trichloroisocyanuric Acid (TCCA 90), which is used in civil sanitation for pools and spas, preventing and curing diseases in animal husbandry and fisheries.