Vadivarhe Speciality Chemicals announced its standalone unaudited financial results for the quarter and 9 months ended on December 31, 2019 showing a shrink in revenue and post tax gains.

Company : Worth Peripherals Limited

Vadivarhe Speciality Chemicals incurred post tax loss of Rs.4.80 in the Q3 of FY2019-20 showing depreciation in financials as compared to over Rs.20 lacs profit in a year ago period.

Following are the financial details of FY19-20 at Vadivarhe Speciality Chemicals:

- In Q3 post tax loss was stood at Rs.4.80 crore whereas last year same period it was PAT of Rs.20.94 lacs
- Q3 revenue reached Rs.5.06 crore whereas previous year corresponding period it was Rs.11.68 crore
- Post tax loss in Q2 was Rs.5.97 crore with revenue of Rs.5.80 crore
- For the first 9 months period post tax loss reached Rs.10.63 crore while last year correspond period it was PAT of Rs.1 crore.
- Revenue for the first 9 months period stood at Rs.21.73 crore as compared to Rs.25.64 crore in a year ago period.
- Loss per share for the first 9 months period reached Rs.8.32 whereas previous year same period it was EPS of Rs.0.78

By the end of standalone financial year 2018-19 at Vadivarhe Speciality Chemicals, revenue was Rs.32.82 crore, PAT was Rs.6.20 lacs and EPS was Rs.0.05.

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