Privi Speciality Chemicals, on February 5, reported a 40.19% decline in its consolidated net profit to Rs 188.26 million for the quarter-ended December.

The company had posted a net profit of Rs 314.77 million for the corresponding period of the previous fiscal.

Net sales of the company grew 6.84% to Rs 3,263.11 million for the quarter compared to Rs  3,054.21 million for the same period a year ago.

Total expenses increased 11.38% to Rs 3,033.29 million for the quarter compared to Rs 2,723.31 million for the same period a year ago.

Privi Speciality Chemicals EPS has decreased to Rs 4.75 in December 2020 from Rs 8.08 in December 2019.

Shares of the company declined Rs 70.4, or 10.02%, to settle  at  Rs 631.90.  The total volume of shares traded  was  13,992 at  the BSE (Friday).