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Styrenix Performance Materials standalone net profit declines 36.33% in the December 2022 quarter

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Capital Market

Sales rise 8.85% to Rs 557.19 crore

Net profit of Styrenix Performance Materials declined 36.33% to Rs 30.19 crore in the quarter ended December 2022 as against Rs 47.42 crore during the previous quarter ended December 2021. Sales rose 8.85% to Rs 557.19 crore in the quarter ended December 2022 as against Rs 511.91 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales557.19511.91 9 OPM %8.7516.15 -PBDT49.8882.87 -40 PBT40.4373.42 -45 NP30.1947.42 -36

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First Published: Feb 13 2023 | 5:49 PM IST

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