India's Thirumalai Chemicals hits near 8-mth low on profit tumble

Thirumalai Chemicals

27/10/2022 05:23

** Thirumalai Chemicals Ltd's shares  THRM.NS  fall as much
as 8.22% to 192 rupees, their lowest since March 8
    ** The company's Sept-quarter consolidated profit fell over
32% to 343.2 mln Indian rupees ($4.2 mln)  urn:newsml:reuters.com:*:nFWN31R1Q7
    ** Revenue from operations rose ~20%, its slowest pace in
eight quarters
    ** More than 304,000 shares traded by GMT 0400, vs their
30-day avg of 353,365 shares
    ** Stock down 11.69% YTD, as of last close
 
 ($1 = 82.2740 Indian rupees)
 (Reporting by Nishit Navin in Bengaluru)
 ((nishit.navin@thomsonreuters.com;))