Asia
India Glycols Clocks Gains in Fiscal Q4 Consolidated Profit; Shares Plummet 6%
India Glycols (NSE:INDIAGLYCO, BOM:500201) recorded a rise in its consolidated attributable net profit to 868.8 million Indian rupees in the fiscal fourth quarter ended March 31, against 632.6 million rupees a year ago.Earnings per share grew to 13.64 rupees compared with the year-ago figure of 10.34 rupees, according to a Thursday filing to the Indian stock exchanges by the chemicals manufacturer.Revenue from operations in fiscal Q4 also increased to 23.6 billion rupees from 21.9 billion rupees a year earlier.Shares of the company fell over 6% in recent trade.
BOM:500201NSE:INDIAGLYCO
