'Consolidated
net sales (including other operating income) of Archean Chemical Industries has
declined 25.75% to Rs 283.91 crore.
Operating profit margin has declined from 50.84% to 30.69%, leading to
55.19% decline in operating profit to Rs 87.12 crore. Raw material cost as a % of total sales (net
of stock adjustments) increased from 3.17% to 4.01%. Employee cost decreased from 5.79% to
4.83%. Other expenses rose from 44.84%
to 62.51%.
Other
income rose 43.58% to Rs 11.96 crore.
PBIDT fell 51.13% to Rs 99.08 crore.
Provision for interest fell 50.29% to Rs 1.7 crore. Loan funds rose to Rs 97.82 crore as of 31
March 2024 from Rs 69.39 crore as of 31 March 2023. Inventories declined from Rs 167.76 crore as
of 31 March 2023 to Rs 127.29 crore a...
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