Clean Science & Technology Q1 Results ₹78.88 Crores Operating Income Revealed

Clean Science & Technology Quarterly Comparison

Clean Science & Technology Q1 Results: Clean Science & Technology table shows the financial results. In the quarter ending June 2024, the company earned a total revenue of ₹224.01 crores. This is a slight decrease of 1.11% compared to the previous quarter (QoQ), where the revenue was ₹227.53 crores. However, there is a significant increase of 19.05% year-over-year (YoY) from ₹188.11 crores in June 2023. The selling, general, and administrative expenses were ₹12.98 crores in this quarter, down 3.71% QoQ from ₹13.48 crores. Year-over-year (YoY), these expenses increased by 10.85% from ₹11.71 crores last year.

Clean Science & Technology’s operating income was ₹78.88 crores, which is a decrease of 3.55% QoQ compared to ₹81.81 crores in March 2024. Year-over-year (YoY), operating income rose by 20.82% from ₹65.33 crores. Net income for this quarter was ₹65.93 crores, reflecting a 6.09% decline QoQ from ₹70.27 crores. Despite this drop, there was an 11.83% increase year-over-year (YoY) from ₹58.94 crores. Overall, Clean Science & Technology's financial results show strong growth in key areas year-over-year (YoY) while facing some challenges quarter-on-quarter (QoQ).

Here’s a summary of the Q1 results for Clean Science & Technology in simple English, with the financial figures presented in a table format:

(All figures in crores except per share values)

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Clean Science & Technology Q1 Results

Clean Science & Technology’s total income for this quarter was ₹2,269.50 million, which comes from two main sources: revenue from operations (₹2,173.14 million) and other income (₹96.36 million). The company spent ₹1,307.13 million in total expenses, including costs like materials, employee salaries, and finance costs. This means the company made a profit before tax of ₹962.37 million. After paying taxes, which totaled ₹240.79 million, the profit for the period was ₹721.58 million.

Clean Science & Technology’s report also includes other comprehensive income, which is related to certain costs and gains not included in the profit. For this quarter, this amounted to a loss of ₹0.16 million, bringing the total comprehensive income to ₹721.42 million. The report shows that the paid-up equity capital remains steady at ₹106.26 million, and earnings per share (EPS) for this quarter was ₹6.79, meaning shareholders earned this amount for each share they own. Overall, these results indicate a healthy financial performance for Clean Science & Technology in this quarter.

Here's a simplified version of the Statement of Unaudited Standalone Financial Results for the Quarter Ended June 30, 2024:

( Rs. in millions, except per share data) 

Clean Science & Technology Stock Metrics

Clean Science & Technology is a company with a market capitalization of ₹ 17,395 crore, indicating its overall value in the stock market. The current stock price is ₹ 1,637, and it has reached a high of ₹ 1,690 and a low of ₹ 1,243 in recent trading. The stock has a Price-to-Earnings (P/E) ratio of 69.3, which helps investors understand its valuation compared to its earnings. The book value per share is ₹ 113, and the company offers a dividend yield of 0.32%, meaning it pays a small percentage of profits to shareholders. 

Here’s the financial data presented in a table format:

Quarterly Results 

The Clean Science & Technology table shows important financial details for December 2023, March 2024, and June 2024. In December 2023, the company made ₹195 crores in sales and had expenses of ₹108 crores, resulting in an operating profit of ₹87 crores and a profit before tax of ₹83 crores. The net profit was ₹63 crores, giving an earnings per share (EPS) of ₹5.89. In March 2024, sales increased to ₹228 crores, expenses rose to ₹133 crores, and the operating profit also grew to ₹95 crores, with a net profit of ₹70 crores and an EPS of ₹6.61. By June 2024, sales slightly decreased to ₹224 crores, expenses were ₹129 crores, and the operating profit remained steady at ₹95 crores, while the net profit dropped to ₹66 crores, resulting in an EPS of ₹6.20. 

Here’s the table for December 2023, March 2024, and June 2024 with the particulars:

(Figures in Rs. Crores)

About Clean Science & Technology

Clean Science and Technology is a company that makes fine and specialty chemicals. It started in 2003 and has become one of the largest producers of certain chemicals in the world. CSTL is different from many other companies because it focuses on creating new and eco-friendly ways to make its products. The company uses advanced technologies and unique processes to produce chemicals that are both innovative and cost-effective.

Clean Science and Technology believes in the importance of research and development (R&D) and invests a lot of money in this area to improve its products and processes. The company is managed by experienced technocrats who are committed to making CSTL successful for many years. Their main goal is to provide value to customers, stakeholders, and employees by developing sustainable practices.

Clean Science and Technology’s vision is to be a global leader in the chemical industry, known for its reliability and excellent customer service. The company's core values include integrity, innovation, safety, excellence, and care, which guide its operations and relationships with customers. Overall, CSTL is dedicated to creating a positive impact on the environment while delivering high-quality chemical solutions,