Dai-ichi Karkaria Reports Robust Q1 Results with ₹219 Lakh Standalone Profit

Dai-ichi Karkaria Limited , a leading specialty chemicals company, has reported strong financial results for the first quarter. The company's board approved the quarterly results, showcasing significant growth in both revenue and profitability.

Standalone Performance Highlights

• Revenue Growth: Dai-ichi Karkaria's standalone revenue from operations reached ₹3,945.00 lakhs, marking a substantial increase of 16.5% compared to ₹3,386.00 lakhs in the same quarter last year.
• Profit Turnaround: The company reported a standalone profit of ₹219.00 lakhs for the quarter, a remarkable improvement from a loss of ₹27.00 lakhs in the corresponding period of the previous year.
• Total Income: Including other income, the total income stood at ₹4,294.00 lakhs.
• Earnings Per Share: The standalone earnings per share (EPS) for the quarter was ₹2.94, compared to a negative ₹0.36 in the same quarter last year.

Consolidated Performance

On a consolidated basis, Dai-ichi Karkaria reported a profit of ₹2.00 lakhs for the quarter. This figure includes a ₹53.00 lakhs share of profit from joint ventures, highlighting the company's strategic partnerships' positive contribution.

Management Commentary

S. F. Vakil, Chairperson and Whole-time Director of Dai-ichi Karkaria, commented on the results: "Dai-ichi Karkaria delivered a strong start with a 16% increase in revenue from operations. Our financial position strengthened during the quarter, supported by improved liquidity and stable cash flows."

Key Performance Drivers

• Domestic Growth: Strong domestic growth balanced the effect of slower exports amidst global uncertainties.
• Segment Performance: Oilfield, Paints and Coatings, and Home & Personal care segments showed continued strength, driven by robust demand for core products, new customer additions, and successful product introductions.
• Operational Efficiency: The company implemented process improvements that enhanced throughput, reduced cycle times, and supported higher capacity utilization.

Future Outlook

Dai-ichi Karkaria is progressing with its capacity expansion project, including the commissioning of a new EO reactor. This expansion is expected to position the company to meet growing domestic and global market demand in the coming years.

The management remains committed to sustainability, operational excellence, and innovation. R&D continues to be central to the company's growth strategy, focusing on enhancing existing product performance and developing new customer-driven solutions.

About Dai-ichi Karkaria Limited

Dai-ichi Karkaria Limited is a specialty chemicals manufacturer that develops and produces high-performance chemicals for various industrial applications. The company operates in the specialty chemicals segment and has subsidiaries including Dai-ichi Gosei Chemicals (India) Limited and a joint venture ChampionX Dai-ichi India Private Limited.

Investors can find more detailed results on the BSE website ( www.bseindia.com ) and the company's website ( www.dai-ichiindia.com/investors ).