Lords Chloro Alkali Limited — Important, 13-11-2024: Updates

Lords Chloro Alkali Limited has approved its un-audited financial results for the quarter and half-year ended 30 September 2024, reporting a revenue from operations of ₹606.2 crore and ₹1,811.8 crore for the respective periods. The company recorded a profit before tax of ₹3.6 crore, reflecting a significant improvement compared to the previous year's loss. Total expenses rose to ₹563.1 crore for the half-year, driven mainly by increased costs associated with raw materials and power. The board has also appointed M/s Modi Agrawal & Associates LLP as internal auditors for the financial year 2024-25 and reconstituted the Stakeholder Relationship Committee.

The company maintains a strong cash position, with net cash flow from operating activities showing resilience. Current liabilities slightly increased, driven by an uptick in trade payables and provisions, while total assets stand higher, enhancing operational capacity. Investor outlook remains cautiously positive, supported by recent restructuring efforts and improvements in financial performance, suggesting potential for future growth.