trending Market Intelligence /marketintelligence/en/news-insights/trending/Zt-D1QcOkxJ9CUfBxa5DJQ2 content esgSubNav
In This List

Reliance Chemotex Industries fiscal Q2 profit falls YOY

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


Reliance Chemotex Industries fiscal Q2 profit falls YOY

4913520 said its normalized net income for the fiscal second quarter ended Sept. 30 was 980,000 rupees, a decrease of 94.4% from 17.4 million rupees in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to 0.2% from 3.0% in the year-earlier period.

Total revenue grew 7.3% on an annual basis to 629.8 million rupees from 586.7 million rupees, and total operating expenses increased 6.4% from the prior-year period to 605.7 million rupees from 569.5 million rupees.

eported net income fell 94.4% from the prior-year period Reliance Chemotex Industries Ltd.