Vishnu Chemicals Q1 Results Income Up to ₹33,744.14 Lakhs, Net Profit at ₹3,046.66 Lakhs

Vishnu Chemicals Q1 Results: Vishnu Chemicals announced their financial results for the first quarter ending June 30, 2024, on August 14, 2024. The company reported a slight increase in income from operations, reaching ₹33,744.14 lakhs, which is a 12.9% rise compared to ₹29,913.23 lakhs in the previous quarter.

However, compared to the same period last year, the growth was marginal, with the income from operations increasing by 12.7% from ₹29,974.05 lakhs in Q1 2023. Despite this positive trend in revenue, the company's net profit showed a modest increase of 6.2% from ₹2,862.36 lakhs in Q1 2023 to ₹3,046.66 lakhs in Q1 2024.

In terms of expenses, Vishnu Chemicals faced a rise of 18.4% in total costs, moving from ₹25,476.81 lakhs in Q4 2023 to ₹30,151.00 lakhs in Q1 2024. This increase in expenses was attributed to higher costs of materials and manufacturing, which impacted the overall profitability.

The company's earnings per share (EPS) for the quarter stood at ₹4.65, maintaining stability compared to the previous quarter and showing a slight decrease from ₹4.79 in the same quarter last year. Overall, Vishnu Chemicals' Q1 results reflect steady operational growth but highlight areas where cost management will be crucial moving forward.

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Vishnu Chemicals Q1 Results 2024 - 2025

Vishnu Chemicals has released its financial results for the first quarter of 2024, ending June 30. Here’s a summary of the key figures from the report:

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Vishnu Chemicals Current Market Overview

Vishnu Chemicals is currently trading at ₹418 per share, down by 3.54%. The company's total market value is ₹2,728 crore. The stock has fluctuated between a high of ₹484 and a low of ₹247 recently.

It has a price-to-earnings ratio of 26.5, which indicates how much investors are willing to pay for each rupee of earnings. The book value per share is ₹107, and the dividend yield is quite low at 0.07%. The company has strong returns on capital employed (19.9%) and equity (18.1%), showing good financial performance.

Quarterly Results

Here are the quarterly results for Vishnu Chemicals for December 2023, March 2024, and June 2024:

About Vishnu Chemicals 

Vishnu Chemicals, based in Hyderabad, India, is a chemical manufacturer that has been in operation since 1993. Originally founded as Keystone Industries Ltd., the company changed its name to Vishnu Chemicals in 2006.

Vishnu Chemicals specializes in producing various chrome chemicals like sodium dichromate, chromic acid, and barium carbonate. These chemicals are essential for industries such as pharmaceuticals, glass, steel, and leather.

The company operates three manufacturing facilities that are recognized for their quality and adherence to international standards. Vishnu Chemicals is committed to ensuring that its products meet high-quality requirements through strict control of raw materials and advanced manufacturing processes.

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