Hindcon Chemicals Q1 Results Revenue Falls to ₹12.91 Crore and PAT Drops to ₹1.30 Crore

Hindcon Chemicals Q1 Results: Hindcon Chemicals reported their first quarter results on August 21, 2024, showing a significant drop in financial performance compared to the previous year. Total income fell by 25.23% year-over-year, coming in at ₹12.91 crore, down from ₹17.27 crore in Q1 of the previous fiscal year.

Operating profit also saw a sharp decline, decreasing by 49.11% to ₹1.54 crore from ₹3.03 crore a year ago. The profit after tax dropped by 48.40% to ₹1.30 crore, reflecting a challenging quarter for the company.

Quarter-on-quarter, the company’s revenue decreased by 9.95% from ₹19.25 crore in the previous quarter to ₹12.91 crore. Operating income fell by 6.36% compared to the previous quarter, and net income before taxes dropped by 17.55%.

The company’s operating margin also decreased to 11.94%, a 31.94% decline from the previous year. Overall, these results indicate a tough start to the year for Hindcon Chemicals, with notable reductions in both income and profit margins.

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Hindcon Chemicals Q1 Results 2024 - 2025

Hindcon Chemicals has announced its financial results for the first quarter of 2024. The company's performance shows a decline in key metrics compared to the previous year and the previous quarter. Below is a summary of their Q1 results:

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Hindcon Chemicals Current Market Overview

Hindcon Chemicals is currently trading at ₹56.7 per share, down by 1.92%. The company's market value is ₹290 crore. Over the past year, the stock has fluctuated between a high of ₹69.7 and a low of ₹23.4.

Hindcon Chemicals has a high price-to-earnings ratio of 58.5, which indicates its shares are priced relatively high compared to its earnings. The company’s book value is ₹9.76 per share, and it offers a small dividend yield of 0.35%.

With a return on capital employed (ROCE) of 17.9% and a return on equity (ROE) of 13.4%, the company shows a good return on its investments and shareholders' equity.

Quarterly Results

Here are the quarterly results for Hindcon Chemicals for December 2023, March 2024, and June 2024 in a different format:

About Hindcon Chemicals

Hindcon Chemicals is a company based in India that specializes in producing high-quality construction chemicals and materials. They focus on creating eco-friendly products that meet environmental standards, aiming to support sustainable construction practices.

Hindcon Chemicals is known for its range of products including waterproofing solutions, tile adhesives, and decorative paints. They are a member of the Indian Green Building Council, reflecting their commitment to green and sustainable practices.

The company continuously updates its products to remove harmful ingredients and ensure they are safe for both people and the environment.

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