Meghmani Finechem: December ’22 Results Update
Moneylife Digital Team 20 January 2023
After robust growth over the past few quarters due to increased realisation for its products, especially from the chloro-alkali segment, momentum seems to be slowing for Meghmani Finechem Ltd (MFL). Although revenue rose by 27% y-o-y (year-on-year), it declined by 3% sequentially to Rs538 crore. Growth was driven primarily by volume, as realisations fell. While volume growth was 18% y-o-y,...
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