Net profit of Tanfac Industries rose 69.83% to Rs 19.31 crore in the quarter ended September 2024 as against Rs 11.37 crore during the previous quarter ended September 2023. Sales rose 37.04% to Rs 111.51 crore in the quarter ended September 2024 as against Rs 81.37 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales111.5181.37 37 OPM %24.3519.22 - PBDT27.6817.03 63 PBT25.9515.32 69 NP19.3111.37 70 Powered by Capital Market - Live News

Tanfac Industries will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live News

Tanfac Industries has completed the brownfield expansion project of its hydrofluoric acid capacity from its existing unit from 45 MT to 90 MT and commissioned expanded capacity on 07 October 2024. Speaking on the occasion, K. Sendhil Naathan, Managing Director of Tanfac Industries, said, �We are excited to announce that we have completed the expansion project at the cost of around Rs 100 crore and commissioned the new State of the art HF plant as planned. With thisTANFAC site has become one of the largest HF plants in India. In line with earlier communication, we intend to use majority of HF to manufacture high-end specialty fluoride molecules within our group companies. This expansion will sustain our growth trajectory going forward.�Powered by Capital Market - Live News

Tanfac Industries announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live News

Net profit of Tanfac Industries declined 38.61% to Rs 11.29 crore in the quarter ended June 2024 as against Rs 18.39 crore during the previous quarter ended June 2023. Sales declined 10.20% to Rs 95.35 crore in the quarter ended June 2024 as against Rs 106.18 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales95.35106.18 -10 OPM %16.3922.73 - PBDT16.8126.42 -36 PBT15.1324.75 -39 NP11.2918.39 -39 Powered by Capital Market - Live News