Primo Chemicals
23.93
-0.12(-0.50%)
Market Cap₹- Cr
PE Ratio-
IndustryChemicals
Company Performance:
1D-0.50%
1M+3.77%
6M-4.16%
1Y-14.41%
5Y-14.41%
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More news about Primo Chemicals
23Jul 25
CARE Ratings Upgrades Outlook for Primo Chemicals' Credit Ratings to Stable
CARE Ratings has reaffirmed Primo Chemicals Limited's credit ratings while upgrading the outlook from negative to stable. The long-term bank facilities rating of CARE BBB- was reaffirmed for Rs. 102.71 crore, reduced from Rs. 133.27 crore. The long-term/short-term bank facilities rating of CARE BBB-/CARE A3 was maintained for Rs. 75.00 crore. This improved outlook suggests enhanced financial stability and could potentially boost the company's credibility, borrowing capacity, and market confidence.
30May 25
Primo Chemicals Reports Mixed Q4 Results: Revenue Surges, but Profits Decline
Primo Chemicals announced its Q4 financial results, showing a 51.5% year-over-year revenue increase to ₹1.56 billion. However, the company reported a net loss of ₹11.20 million, down from a ₹68.00 million profit in the same quarter last year and a ₹19.20 million profit in the previous quarter. The contrasting trends indicate strong product demand but significant challenges in maintaining profitability, possibly due to increased costs or competitive pressures in the chemical industry.
Primo Chemicals
23.93
-0.12
(-0.50%)
1 Year Returns:-14.41%
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