NOCIL Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
November 02, 2021 at 07:46 am EDT
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NOCIL Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 3,751.6 million compared to INR 2,215.9 million a year ago. Revenue was INR 3,765.3 million compared to INR 2,223.3 million a year ago. Net income was INR 299.9 million compared to INR 168.2 million a year ago. Basic earnings per share from continuing operations was INR 1.8 compared to INR 1.02 a year ago. Diluted earnings per share from continuing operations was INR 1.79 compared to INR 1.02 a year ago.
For the six months, sales was INR 7,196.6 million compared to INR 3,281 million a year ago. Revenue was INR 7,218.4 million compared to INR 3,391.3 million a year ago. Net income was INR 774 million compared to INR 287.7 million a year ago. Basic earnings per share from continuing operations was INR 4.65 compared to INR 1.74 a year ago. Diluted earnings per share from continuing operations was INR 4.63 compared to INR 1.74 a year ago.
NOCIL Limited is an India-based rubber chemicals manufacturer. The Company manufactures rubber chemicals for tire and other rubber product manufacturing industry. The Companyâs products find use in various other areas, such as pre-vulcanization inhibition, post-vulcanization stabilization and latex-based applications. Its solutions also extend to enhancing the thermal stability of cross-links in rubber products. The Companyâs brands are PILFLEX anti-degradants, PILNOX antioxidants, PILCURE accelerators, post vulcanization stabilizer and PILGARD pre-vulcanization inhibitor. Its products include PILFLEX 13, PILNOX TDQ, PILNOX TDQ (HP), PILNOX SP, PILCURE MBT, PILCURE MBTS, PILCURE ZMBT, PILCURE F, PILCURE CBS, PILCURE NS, PILCURE MOR, PILCURE TMT, PILCURE ZDC, PILCURE ZDBC, PILCURE SDBC, PILCURE ZBZDC, PILGARD PVI and PILCURE DHTS. Its subsidiary, PIL Chemicals Ltd., is engaged in the processing of rubber chemical products.
NOCIL LIMITED 
