Saturday, May 19, 2012

Orchid Chemical Q4 net profit down 75% at Rs 14.5 cr


Orchid Chemical has reported a consolidated net profit of Rs 14.5 crore for the fourth quarter of FY12, down 75.3% as compared to Rs 58.7 crore in a year ago period.

Consolidated net sales too declined 9% to Rs 491 crore from Rs 540 crore year-on-year.

The stock fell 13.24%, to close at Rs 139.25 on the BSE. Traded volumes jumped 670% to 13,99,394 shares as compared to its 5-day average of 181,727 shares.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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