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Chemfab Alkalis shares tank 10% after mixed Septmber quarter results

Business Standard LogoBusiness Standard2w ago

Chemfab Alkalis shares tank 10% after mixed Septmber quarter results - Business Standard

Quick Summary:

Earlier, on November 4, 2024, the company reported a net loss attributable to owners of Rs 0.53 crore in the second quarter of FY25, against a net profit of Rs 4.

The company's EBITDA margin dropped 9.43 per cent Y-o-Y to 12.39 per cent in Q2FY25 from 13.67 per cent in Q2FY24.

The company offers products including caustic soda lye, liquid chlorine, hydrogen gas, hydrochloric acid, sodium hypochlorite, bleach liquor, barium sulphate, hydrogen, sodium chlorate, and salt.


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Category: BusinessFinance

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News Sentiment: Neutral

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Article Type: News Report

Published On: 2024-11-05 @ 14:47:42 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 455 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23427912

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