𝘝𝘎𝘕 𝘓𝘢𝘶𝘯𝘤𝘩𝘦𝘴 𝘎𝘢𝘵𝘦𝘥 𝘊𝘰𝘮𝘮𝘶𝘯𝘪𝘵𝘺 𝘗𝘭𝘰𝘵𝘴 "𝘝𝘎𝘕 𝘗𝘈𝘙𝘈𝘋𝘐𝘚𝘌" 𝘢𝘵 𝘛𝘩𝘪𝘳𝘶𝘷𝘰𝘵𝘵𝘪𝘺𝘶𝘳, 𝘊𝘩𝘦𝘯𝘯𝘢𝘪
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Sicagen delivers a turnaround in profit in Q1FY20
PAT rises by 144% and EBIDTA increases by 58%. 31 st July 2019, Chennai / Mumbai: Sicagen India Limited, a leading integrated, value-added solutions provider of building materials, power and control systems, industrial packaging and speciality chemicals, announced its Q1FY20 results today. Financials: The company reported a remarkable increase in PAT by 144% at INR 0.89 crore in Q1FY20 as compared to INR 0.39 crore in Q1FY19. Its EBITDA registered a rise of 58% - from INR 1.42 crore in Q1FY19 to INR 3.40 crore in Q1FY20. The earnings per share also witnessed a 145% y-o-y growth in Q1FY20. While factors such as a sluggish macro-economic environment and low demand for construction material weighed on the company's revenues, yet the company’s performance was similar to the previous year. ...
