September quarter revenue falls 4%, profit falls 15.7%; insurance gain is exceptional
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.6 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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For the company alone, September-quarter revenue fell 4.0% year on year to INR 57,192.52 lakh and profit fell 15.7% to INR 9,534.80 lakh. First-half revenue rose 2.5% to INR 1,13,107.14 lakh, but profit fell 11.3% to INR 18,819.33 lakh. An INR 698.40 lakh business interruption claim was exceptional. Operating cash flow was positive at INR 8,258.15 lakh. CNK reviewed September; its predecessor reviewed June. Review was unmodified.
Quarterly profit fell and may weigh on sentiment. Costs rose faster than revenue; the insurance gain was one-off, while cash flow stayed positive.