India's Kothari Petrochemicals falls on Q2 profit drop

Kothari Petrochemicals

05/11/2024 05:22

** Shares of Kothari Petrochemicals  KPOC.NS  fall 2.6% to
217.77 rupees; set for biggest intraday pct loss in two weeks
    ** Co posts ~12% fall in Q2 profit to 163.3 mln rupees ($1.9
mln), hurt by higher expenses
    ** Rev from ops rises ~12%
    ** Stock up ~50% YTD vs peer Aarti Surfactants'  AARU.NS 
3.2% fall

($1 = 84.1175 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))